This property could be a profitable Mid-Term investment with a projected 17.69% first-year return on $41,520 initial cash invested.
17.69%
Cash On Cash
14.37%
Cap Rate
2.09
DSCR
$2,176
Rent
$612
Cashflow
Cash Flow
$2,176 income − $1,564 expenses = $612 cash flow
Investment Breakdown
|
Purchase Price
$112k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,520
Downpayment
20%
$22,400
Closing costs
1%
$1,120
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,176
Total Expenses
$1,564
Mortgage P&I
30%
$642
Property Taxes
7%
$144
Home Insurance
2%
$39
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239