This property could be a profitable Mid-Term investment with a projected 32.2% first-year return on $30,411 initial cash invested.
32.2%
Cash On Cash
24.89%
Cap Rate
3.65
DSCR
$1,862
Rent
$816
Cashflow
Cash Flow
$1,862 income − $1,046 expenses = $816 cash flow
Investment Breakdown
|
Purchase Price
$59,100
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,411
Downpayment
20%
$11,820
Closing costs
1%
$591
Rehab
0%
$0
Furnishing
30%
$18,000
Cashflow
Total Income
$1,862
Total Expenses
$1,046
Mortgage P&I
18%
$336
Property Taxes
3%
$60
Home Insurance
1%
$18
HOA
0%
$0
Property Management
12%
$223
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$205