This property could be a profitable Mid-Term investment with a projected 29.21% first-year return on $33,729 initial cash invested.
29.21%
Cash On Cash
21.24%
Cap Rate
3.13
DSCR
$2,022
Rent
$821
Cashflow
Cash Flow
$2,022 income − $1,201 expenses = $821 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,022
Total Expenses
$1,201
Mortgage P&I
21%
$424
Property Taxes
3%
$63
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222