This property could be a profitable Mid-Term investment with a projected 20.22% first-year return on $34,779 initial cash invested.
20.22%
Cash On Cash
16.15%
Cap Rate
2.57
DSCR
$1,756
Rent
$586
Cashflow
Cash Flow
$1,756 income − $1,170 expenses = $586 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,756
Total Expenses
$1,170
Mortgage P&I
24%
$419
Property Taxes
7%
$126
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$211
CapEx
4%
$70
Vacancy
3%
$53
Maintenance
4%
$70
Other
11%
$193