This property could be a profitable Mid-Term investment with a projected 27.25% first-year return on $34,128 initial cash invested.
27.25%
Cash On Cash
20.33%
Cap Rate
2.97
DSCR
$2,193
Rent
$775
Cashflow
Cash Flow
$2,193 income − $1,418 expenses = $775 cash flow
Investment Breakdown
|
Purchase Price
$76,800
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,128
Downpayment
20%
$15,360
Closing costs
1%
$768
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$2,193
Total Expenses
$1,418
Mortgage P&I
20%
$438
Property Taxes
10%
$225
Home Insurance
0%
$9
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241