This property could be a profitable Mid-Term investment with a projected 21.65% first-year return on $33,645 initial cash invested.
21.65%
Cash On Cash
17.4%
Cap Rate
2.65
DSCR
$1,638
Rent
$607
Cashflow
Cash Flow
$1,638 income − $1,031 expenses = $607 cash flow
Investment Breakdown
|
Purchase Price
$74,500
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,645
Downpayment
20%
$14,900
Closing costs
1%
$745
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$1,638
Total Expenses
$1,031
Mortgage P&I
25%
$407
Property Taxes
2%
$38
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$197
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$180