This property could be a profitable Mid-Term investment with a projected 32.7% first-year return on $35,850 initial cash invested.
32.7%
Cash On Cash
21.97%
Cap Rate
3.2
DSCR
$2,318
Rent
$977
Cashflow
Cash Flow
$2,318 income − $1,341 expenses = $977 cash flow
Investment Breakdown
|
Purchase Price
$85,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,850
Downpayment
20%
$17,000
Closing costs
1%
$850
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$2,318
Total Expenses
$1,341
Mortgage P&I
21%
$486
Property Taxes
2%
$36
Home Insurance
1%
$30
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255