This property could be a profitable Mid-Term investment with a projected 24.77% first-year return on $40,407 initial cash invested.
24.77%
Cash On Cash
16.94%
Cap Rate
2.64
DSCR
$2,556
Rent
$834
Cashflow
Cash Flow
$2,556 income − $1,722 expenses = $834 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,407
Downpayment
20%
$21,340
Closing costs
1%
$1,067
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$2,556
Total Expenses
$1,722
Mortgage P&I
22%
$570
Property Taxes
10%
$267
Home Insurance
1%
$16
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281