This property could be a profitable Mid-Term investment with a projected 23.39% first-year return on $34,380 initial cash invested.
23.39%
Cash On Cash
18.26%
Cap Rate
2.76
DSCR
$2,184
Rent
$670
Cashflow
Cash Flow
$2,184 income − $1,514 expenses = $670 cash flow
Investment Breakdown
|
Purchase Price
$78,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,380
Downpayment
20%
$15,600
Closing costs
1%
$780
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$2,184
Total Expenses
$1,514
Mortgage P&I
20%
$430
Property Taxes
14%
$315
Home Insurance
1%
$27
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$240