This property could be a profitable Mid-Term investment with a projected 43.7% first-year return on $33,666 initial cash invested.
43.7%
Cash On Cash
28.42%
Cap Rate
4.16
DSCR
$2,898
Rent
$1,226
Cashflow
Cash Flow
$2,898 income − $1,672 expenses = $1,226 cash flow
Investment Breakdown
|
Purchase Price
$74,600
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,666
Downpayment
20%
$14,920
Closing costs
1%
$746
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,898
Total Expenses
$1,672
Mortgage P&I
15%
$425
Property Taxes
6%
$177
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319