This property could be a profitable Mid-Term investment with a projected 35.13% first-year return on $41,982 initial cash invested.
35.13%
Cash On Cash
20.62%
Cap Rate
3.25
DSCR
$3,232
Rent
$1,229
Cashflow
Cash Flow
$3,232 income − $2,003 expenses = $1,229 cash flow
Investment Breakdown
|
Purchase Price
$114k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,982
Downpayment
20%
$22,840
Closing costs
1%
$1,142
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$3,232
Total Expenses
$2,003
Mortgage P&I
19%
$604
Property Taxes
8%
$244
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356