This property could be a profitable Mid-Term investment with a projected 15.5% first-year return on $37,005 initial cash invested.
15.5%
Cash On Cash
13.9%
Cap Rate
2.13
DSCR
$1,948
Rent
$478
Cashflow
Cash Flow
$1,948 income − $1,470 expenses = $478 cash flow
Investment Breakdown
|
Purchase Price
$90,500
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,005
Downpayment
20%
$18,100
Closing costs
1%
$905
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,948
Total Expenses
$1,470
Mortgage P&I
25%
$492
Property Taxes
12%
$232
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214