This property could be a profitable Mid-Term investment with a projected 12.52% first-year return on $39,000 initial cash invested.
12.52%
Cash On Cash
11.99%
Cap Rate
1.92
DSCR
$1,773
Rent
$407
Cashflow
Cash Flow
$1,773 income − $1,366 expenses = $407 cash flow
Investment Breakdown
|
Purchase Price
$100,000
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,000
Downpayment
20%
$20,000
Closing costs
1%
$1,000
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,773
Total Expenses
$1,366
Mortgage P&I
29%
$521
Property Taxes
12%
$207
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$213
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$195