This property could be a profitable Mid-Term investment with a projected 17.11% first-year return on $39,693 initial cash invested.
17.11%
Cash On Cash
13.77%
Cap Rate
2.17
DSCR
$1,827
Rent
$566
Cashflow
Cash Flow
$1,827 income − $1,261 expenses = $566 cash flow
Investment Breakdown
|
Purchase Price
$103k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,693
Downpayment
20%
$20,660
Closing costs
1%
$1,033
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,827
Total Expenses
$1,261
Mortgage P&I
30%
$546
Property Taxes
3%
$54
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$219
CapEx
4%
$73
Vacancy
3%
$55
Maintenance
4%
$73
Other
11%
$201