This property could be a profitable Mid-Term investment with a projected 24.84% first-year return on $40,050 initial cash invested.
24.84%
Cash On Cash
17.51%
Cap Rate
2.58
DSCR
$2,738
Rent
$829
Cashflow
Cash Flow
$2,738 income − $1,909 expenses = $829 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$2,738
Total Expenses
$1,909
Mortgage P&I
22%
$593
Property Taxes
13%
$347
Home Insurance
1%
$37
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301