This property could be a profitable Mid-Term investment with a projected 17.47% first-year return on $28,500 initial cash invested.
17.47%
Cash On Cash
17.98%
Cap Rate
2.7
DSCR
$1,425
Rent
$415
Cashflow
Cash Flow
$1,425 income − $1,010 expenses = $415 cash flow
Investment Breakdown
|
Purchase Price
$50,000
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,500
Downpayment
20%
$10,000
Closing costs
1%
$500
Rehab
0%
$0
Furnishing
36%
$18,000
Cashflow
Total Income
$1,425
Total Expenses
$1,010
Mortgage P&I
19%
$277
Property Taxes
16%
$230
Home Insurance
1%
$18
HOA
0%
$0
Property Management
12%
$171
CapEx
4%
$57
Vacancy
3%
$43
Maintenance
4%
$57
Other
11%
$157