This property could be a profitable Mid-Term investment with a projected 25.22% first-year return on $30,453 initial cash invested.
25.22%
Cash On Cash
21.09%
Cap Rate
3.16
DSCR
$1,812
Rent
$640
Cashflow
Cash Flow
$1,812 income − $1,172 expenses = $640 cash flow
Investment Breakdown
|
Purchase Price
$59,300
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,453
Downpayment
20%
$11,860
Closing costs
1%
$593
Rehab
0%
$0
Furnishing
30%
$18,000
Cashflow
Total Income
$1,812
Total Expenses
$1,172
Mortgage P&I
18%
$330
Property Taxes
6%
$114
Home Insurance
6%
$114
HOA
0%
$0
Property Management
12%
$217
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$199