This property could be a profitable Mid-Term investment with a projected 14.2% first-year return on $35,829 initial cash invested.
14.2%
Cash On Cash
13.41%
Cap Rate
2.05
DSCR
$1,532
Rent
$424
Cashflow
Cash Flow
$1,532 income − $1,108 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,829
Downpayment
20%
$16,980
Closing costs
1%
$849
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,532
Total Expenses
$1,108
Mortgage P&I
30%
$464
Property Taxes
6%
$93
Home Insurance
2%
$30
HOA
0%
$0
Property Management
12%
$184
CapEx
4%
$61
Vacancy
3%
$46
Maintenance
4%
$61
Other
11%
$169