This property could be a profitable Mid-Term investment with a projected 48.45% first-year return on $31,650 initial cash invested.
48.45%
Cash On Cash
32.2%
Cap Rate
4.78
DSCR
$2,526
Rent
$1,278
Cashflow
Cash Flow
$2,526 income − $1,248 expenses = $1,278 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
28%
$18,000
Cashflow
Total Income
$2,526
Total Expenses
$1,248
Mortgage P&I
14%
$365
Property Taxes
0%
$1
Home Insurance
1%
$23
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278