This property could be a profitable Mid-Term investment with a projected 10.47% first-year return on $38,286 initial cash invested.
10.47%
Cash On Cash
11.76%
Cap Rate
1.76
DSCR
$1,872
Rent
$334
Cashflow
Cash Flow
$1,872 income − $1,538 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$96,600
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,286
Downpayment
20%
$19,320
Closing costs
1%
$966
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$1,872
Total Expenses
$1,538
Mortgage P&I
29%
$538
Property Taxes
15%
$279
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206