This property could be a profitable Mid-Term investment with a projected 10.76% first-year return on $39,357 initial cash invested.
10.76%
Cash On Cash
11.46%
Cap Rate
1.76
DSCR
$1,668
Rent
$353
Cashflow
Cash Flow
$1,668 income − $1,315 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,357
Downpayment
20%
$20,340
Closing costs
1%
$1,017
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,668
Total Expenses
$1,315
Mortgage P&I
33%
$551
Property Taxes
9%
$151
Home Insurance
3%
$46
HOA
0%
$0
Property Management
12%
$200
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$183