This property could be a profitable Mid-Term investment with a projected 25.19% first-year return on $41,352 initial cash invested.
25.19%
Cash On Cash
17.24%
Cap Rate
2.54
DSCR
$2,516
Rent
$868
Cashflow
Cash Flow
$2,516 income − $1,648 expenses = $868 cash flow
Investment Breakdown
|
Purchase Price
$111k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,352
Downpayment
20%
$22,240
Closing costs
1%
$1,112
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,516
Total Expenses
$1,648
Mortgage P&I
25%
$629
Property Taxes
4%
$107
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277