This property could be a profitable Mid-Term investment with a projected 10.36% first-year return on $38,811 initial cash invested.
10.36%
Cash On Cash
11.26%
Cap Rate
1.73
DSCR
$1,456
Rent
$335
Cashflow
Cash Flow
$1,456 income − $1,121 expenses = $335 cash flow
Investment Breakdown
|
Purchase Price
$99,100
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,811
Downpayment
20%
$19,820
Closing costs
1%
$991
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,456
Total Expenses
$1,121
Mortgage P&I
37%
$537
Property Taxes
3%
$37
Home Insurance
4%
$52
HOA
0%
$0
Property Management
12%
$175
CapEx
4%
$58
Vacancy
3%
$44
Maintenance
4%
$58
Other
11%
$160