This property could be a profitable Mid-Term investment with a projected 18.61% first-year return on $39,462 initial cash invested.
18.61%
Cash On Cash
14.84%
Cap Rate
2.22
DSCR
$2,078
Rent
$612
Cashflow
Cash Flow
$2,078 income − $1,466 expenses = $612 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,462
Downpayment
20%
$20,440
Closing costs
1%
$1,022
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,078
Total Expenses
$1,466
Mortgage P&I
27%
$569
Property Taxes
7%
$145
Home Insurance
2%
$46
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$229