This property could be a profitable Mid-Term investment with a projected 45.8% first-year return on $37,782 initial cash invested.
45.8%
Cash On Cash
26.7%
Cap Rate
4
DSCR
$3,252
Rent
$1,442
Cashflow
Cash Flow
$3,252 income − $1,810 expenses = $1,442 cash flow
Investment Breakdown
|
Purchase Price
$94,200
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,782
Downpayment
20%
$18,840
Closing costs
1%
$942
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$3,252
Total Expenses
$1,810
Mortgage P&I
16%
$524
Property Taxes
4%
$125
Home Insurance
2%
$55
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358