This property could be a profitable Mid-Term investment with a projected 13.66% first-year return on $34,779 initial cash invested.
13.66%
Cash On Cash
13.19%
Cap Rate
2.06
DSCR
$1,371
Rent
$396
Cashflow
Cash Flow
$1,371 income − $975 expenses = $396 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,371
Total Expenses
$975
Mortgage P&I
31%
$427
Property Taxes
4%
$53
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$165
CapEx
4%
$55
Vacancy
3%
$41
Maintenance
4%
$55
Other
11%
$151