This property could be a profitable Mid-Term investment with a projected 16.63% first-year return on $41,499 initial cash invested.
16.63%
Cash On Cash
13.67%
Cap Rate
2.05
DSCR
$1,926
Rent
$575
Cashflow
Cash Flow
$1,926 income − $1,351 expenses = $575 cash flow
Investment Breakdown
|
Purchase Price
$112k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,499
Downpayment
20%
$22,380
Closing costs
1%
$1,119
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,926
Total Expenses
$1,351
Mortgage P&I
32%
$623
Property Taxes
2%
$47
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212