This property could be a profitable Mid-Term investment with a projected 15.24% first-year return on $37,320 initial cash invested.
15.24%
Cash On Cash
13.98%
Cap Rate
2.04
DSCR
$1,800
Rent
$474
Cashflow
Cash Flow
$1,800 income − $1,326 expenses = $474 cash flow
Investment Breakdown
|
Purchase Price
$92,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,320
Downpayment
20%
$18,400
Closing costs
1%
$920
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,800
Total Expenses
$1,326
Mortgage P&I
29%
$526
Property Taxes
9%
$156
Home Insurance
2%
$32
HOA
0%
$0
Property Management
12%
$216
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$198