This property could be a profitable Mid-Term investment with a projected 30.67% first-year return on $33,960 initial cash invested.
30.67%
Cash On Cash
21.52%
Cap Rate
3.32
DSCR
$2,124
Rent
$868
Cashflow
Cash Flow
$2,124 income − $1,256 expenses = $868 cash flow
Investment Breakdown
|
Purchase Price
$76,000
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,960
Downpayment
20%
$15,200
Closing costs
1%
$760
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,124
Total Expenses
$1,256
Mortgage P&I
19%
$410
Property Taxes
1%
$25
Home Insurance
5%
$98
HOA
0%
$0
Property Management
12%
$255
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234