This property could be a profitable Mid-Term investment with a projected 44.23% first-year return on $40,890 initial cash invested.
44.23%
Cash On Cash
24.77%
Cap Rate
3.74
DSCR
$3,514
Rent
$1,507
Cashflow
Cash Flow
$3,514 income − $2,007 expenses = $1,507 cash flow
Investment Breakdown
|
Purchase Price
$109k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,890
Downpayment
20%
$21,800
Closing costs
1%
$1,090
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$3,514
Total Expenses
$2,007
Mortgage P&I
17%
$602
Property Taxes
5%
$171
Home Insurance
1%
$38
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$387