This property could be a profitable Mid-Term investment with a projected 21.81% first-year return on $33,561 initial cash invested.
21.81%
Cash On Cash
17.23%
Cap Rate
2.74
DSCR
$1,647
Rent
$610
Cashflow
Cash Flow
$1,647 income − $1,037 expenses = $610 cash flow
Investment Breakdown
|
Purchase Price
$74,100
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,561
Downpayment
20%
$14,820
Closing costs
1%
$741
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$1,647
Total Expenses
$1,037
Mortgage P&I
24%
$388
Property Taxes
1%
$10
Home Insurance
5%
$79
HOA
0%
$0
Property Management
12%
$198
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181