This property could be a profitable Mid-Term investment with a projected 21.34% first-year return on $34,695 initial cash invested.
21.34%
Cash On Cash
16.74%
Cap Rate
2.64
DSCR
$1,788
Rent
$617
Cashflow
Cash Flow
$1,788 income − $1,171 expenses = $617 cash flow
Investment Breakdown
|
Purchase Price
$79,500
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,695
Downpayment
20%
$15,900
Closing costs
1%
$795
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,788
Total Expenses
$1,171
Mortgage P&I
23%
$420
Property Taxes
6%
$113
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$215
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$197