This property could be a profitable Mid-Term investment with a projected 27.34% first-year return on $37,740 initial cash invested.
27.34%
Cash On Cash
18.97%
Cap Rate
2.99
DSCR
$3,218
Rent
$860
Cashflow
Cash Flow
$3,218 income − $2,358 expenses = $860 cash flow
Investment Breakdown
|
Purchase Price
$94,000
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,740
Downpayment
20%
$18,800
Closing costs
1%
$940
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$3,218
Total Expenses
$2,358
Mortgage P&I
15%
$497
Property Taxes
6%
$183
Home Insurance
1%
$33
HOA
17%
$550
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354