This property could be a profitable Mid-Term investment with a projected 31.36% first-year return on $30,495 initial cash invested.
31.36%
Cash On Cash
24.42%
Cap Rate
3.58
DSCR
$1,896
Rent
$797
Cashflow
Cash Flow
$1,896 income − $1,099 expenses = $797 cash flow
Investment Breakdown
|
Purchase Price
$59,500
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,495
Downpayment
20%
$11,900
Closing costs
1%
$595
Rehab
0%
$0
Furnishing
30%
$18,000
Cashflow
Total Income
$1,896
Total Expenses
$1,099
Mortgage P&I
18%
$338
Property Taxes
5%
$94
Home Insurance
1%
$21
HOA
0%
$0
Property Management
12%
$228
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$209