This property could be a profitable Mid-Term investment with a projected 62.72% first-year return on $34,800 initial cash invested.
62.72%
Cash On Cash
36.2%
Cap Rate
5.52
DSCR
$3,930
Rent
$1,819
Cashflow
Cash Flow
$3,930 income − $2,111 expenses = $1,819 cash flow
Investment Breakdown
|
Purchase Price
$80,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,800
Downpayment
20%
$16,000
Closing costs
1%
$800
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$3,930
Total Expenses
$2,111
Mortgage P&I
11%
$437
Property Taxes
8%
$310
Home Insurance
1%
$28
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$432