This property could be a profitable Mid-Term investment with a projected 32.89% first-year return on $34,590 initial cash invested.
32.89%
Cash On Cash
22.6%
Cap Rate
3.29
DSCR
$2,210
Rent
$948
Cashflow
Cash Flow
$2,210 income − $1,262 expenses = $948 cash flow
Investment Breakdown
|
Purchase Price
$79,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,590
Downpayment
20%
$15,800
Closing costs
1%
$790
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$2,210
Total Expenses
$1,262
Mortgage P&I
20%
$452
Property Taxes
1%
$32
Home Insurance
1%
$28
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243