This property could be a profitable Mid-Term investment with a projected 16.91% first-year return on $33,855 initial cash invested.
16.91%
Cash On Cash
15.35%
Cap Rate
2.28
DSCR
$1,642
Rent
$477
Cashflow
Cash Flow
$1,642 income − $1,165 expenses = $477 cash flow
Investment Breakdown
|
Purchase Price
$75,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,855
Downpayment
20%
$15,100
Closing costs
1%
$755
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$1,642
Total Expenses
$1,165
Mortgage P&I
26%
$423
Property Taxes
10%
$159
Home Insurance
1%
$24
HOA
0%
$0
Property Management
12%
$197
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181