This property could be a profitable Mid-Term investment with a projected 43.16% first-year return on $29,529 initial cash invested.
43.16%
Cash On Cash
31.45%
Cap Rate
4.96
DSCR
$2,164
Rent
$1,062
Cashflow
Cash Flow
$2,164 income − $1,102 expenses = $1,062 cash flow
Investment Breakdown
|
Purchase Price
$54,900
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,529
Downpayment
20%
$10,980
Closing costs
1%
$549
Rehab
0%
$0
Furnishing
33%
$18,000
Cashflow
Total Income
$2,164
Total Expenses
$1,102
Mortgage P&I
13%
$290
Property Taxes
3%
$56
Home Insurance
1%
$19
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238