This property could be a profitable Mid-Term investment with a projected 52.04% first-year return on $30,579 initial cash invested.
52.04%
Cash On Cash
35.52%
Cap Rate
5.23
DSCR
$2,702
Rent
$1,326
Cashflow
Cash Flow
$2,702 income − $1,376 expenses = $1,326 cash flow
Investment Breakdown
|
Purchase Price
$59,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,579
Downpayment
20%
$11,980
Closing costs
1%
$599
Rehab
0%
$0
Furnishing
30%
$18,000
Cashflow
Total Income
$2,702
Total Expenses
$1,376
Mortgage P&I
13%
$339
Property Taxes
4%
$98
Home Insurance
1%
$21
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297