This property could be a profitable Mid-Term investment with a projected 17.47% first-year return on $34,485 initial cash invested.
17.47%
Cash On Cash
15%
Cap Rate
2.37
DSCR
$1,614
Rent
$502
Cashflow
Cash Flow
$1,614 income − $1,112 expenses = $502 cash flow
Investment Breakdown
|
Purchase Price
$78,500
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,485
Downpayment
20%
$15,700
Closing costs
1%
$785
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,614
Total Expenses
$1,112
Mortgage P&I
26%
$414
Property Taxes
7%
$120
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$194
CapEx
4%
$65
Vacancy
3%
$48
Maintenance
4%
$65
Other
11%
$178