This property could be a profitable Mid-Term investment with a projected 16.48% first-year return on $39,819 initial cash invested.
16.48%
Cash On Cash
13.81%
Cap Rate
2.08
DSCR
$1,864
Rent
$547
Cashflow
Cash Flow
$1,864 income − $1,317 expenses = $547 cash flow
Investment Breakdown
|
Purchase Price
$104k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,819
Downpayment
20%
$20,780
Closing costs
1%
$1,039
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,864
Total Expenses
$1,317
Mortgage P&I
31%
$574
Property Taxes
3%
$56
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$224
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$205