This property could be a profitable Mid-Term investment with a projected 22.33% first-year return on $41,919 initial cash invested.
22.33%
Cash On Cash
15.78%
Cap Rate
2.42
DSCR
$2,490
Rent
$780
Cashflow
Cash Flow
$2,490 income − $1,710 expenses = $780 cash flow
Investment Breakdown
|
Purchase Price
$114k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,919
Downpayment
20%
$22,780
Closing costs
1%
$1,139
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,490
Total Expenses
$1,710
Mortgage P&I
25%
$618
Property Taxes
8%
$188
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274