This property could be a profitable Mid-Term investment with a projected 55.65% first-year return on $34,779 initial cash invested.
55.65%
Cash On Cash
32.86%
Cap Rate
4.91
DSCR
$3,218
Rent
$1,613
Cashflow
Cash Flow
$3,218 income − $1,605 expenses = $1,613 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$3,218
Total Expenses
$1,605
Mortgage P&I
14%
$446
Property Taxes
1%
$36
Home Insurance
1%
$28
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354