This property could be a profitable Mid-Term investment with a projected 44.54% first-year return on $34,380 initial cash invested.
44.54%
Cash On Cash
28.05%
Cap Rate
4.15
DSCR
$2,702
Rent
$1,276
Cashflow
Cash Flow
$2,702 income − $1,426 expenses = $1,276 cash flow
Investment Breakdown
|
Purchase Price
$78,000
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,380
Downpayment
20%
$15,600
Closing costs
1%
$780
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$2,702
Total Expenses
$1,426
Mortgage P&I
16%
$439
Property Taxes
2%
$42
Home Insurance
1%
$27
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297