This property could be a profitable Mid-Term investment with a projected 59.96% first-year return on $35,346 initial cash invested.
59.96%
Cash On Cash
34.56%
Cap Rate
5.15
DSCR
$3,782
Rent
$1,766
Cashflow
Cash Flow
$3,782 income − $2,016 expenses = $1,766 cash flow
Investment Breakdown
|
Purchase Price
$82,600
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,346
Downpayment
20%
$16,520
Closing costs
1%
$826
Rehab
0%
$0
Furnishing
22%
$18,000
Cashflow
Total Income
$3,782
Total Expenses
$2,016
Mortgage P&I
12%
$462
Property Taxes
6%
$240
Home Insurance
1%
$29
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416