This property could be a profitable Mid-Term investment with a projected 24.9% first-year return on $29,403 initial cash invested.
24.9%
Cash On Cash
21.33%
Cap Rate
3.26
DSCR
$1,472
Rent
$610
Cashflow
Cash Flow
$1,472 income − $862 expenses = $610 cash flow
Investment Breakdown
|
Purchase Price
$54,300
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,403
Downpayment
20%
$10,860
Closing costs
1%
$543
Rehab
0%
$0
Furnishing
33%
$18,000
Cashflow
Total Income
$1,472
Total Expenses
$862
Mortgage P&I
20%
$296
Property Taxes
2%
$32
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$177
CapEx
4%
$59
Vacancy
3%
$44
Maintenance
4%
$59
Other
11%
$162