This property could be a profitable Mid-Term investment with a projected 26.91% first-year return on $37,719 initial cash invested.
26.91%
Cash On Cash
18.62%
Cap Rate
2.8
DSCR
$2,270
Rent
$846
Cashflow
Cash Flow
$2,270 income − $1,424 expenses = $846 cash flow
Investment Breakdown
|
Purchase Price
$93,900
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,719
Downpayment
20%
$18,780
Closing costs
1%
$939
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,270
Total Expenses
$1,424
Mortgage P&I
23%
$520
Property Taxes
4%
$90
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250