This property could be a profitable Mid-Term investment with a projected 29.83% first-year return on $38,979 initial cash invested.
29.83%
Cash On Cash
19.63%
Cap Rate
2.9
DSCR
$2,532
Rent
$969
Cashflow
Cash Flow
$2,532 income − $1,563 expenses = $969 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,532
Total Expenses
$1,563
Mortgage P&I
22%
$564
Property Taxes
4%
$103
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$279