This property could be a profitable Mid-Term investment with a projected 16.46% first-year return on $34,695 initial cash invested.
16.46%
Cash On Cash
14.87%
Cap Rate
2.22
DSCR
$1,654
Rent
$476
Cashflow
Cash Flow
$1,654 income − $1,178 expenses = $476 cash flow
Investment Breakdown
|
Purchase Price
$79,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,695
Downpayment
20%
$15,900
Closing costs
1%
$795
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,654
Total Expenses
$1,178
Mortgage P&I
27%
$443
Property Taxes
9%
$145
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$198
CapEx
4%
$66
Vacancy
3%
$50
Maintenance
4%
$66
Other
11%
$182