This property could be a profitable Mid-Term investment with a projected 48.96% first-year return on $34,779 initial cash invested.
48.96%
Cash On Cash
29.29%
Cap Rate
4.8
DSCR
$3,130
Rent
$1,419
Cashflow
Cash Flow
$3,130 income − $1,711 expenses = $1,419 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$3,130
Total Expenses
$1,711
Mortgage P&I
13%
$406
Property Taxes
7%
$213
Home Insurance
1%
$28
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344