This property could be a profitable Mid-Term investment with a projected 30.16% first-year return on $26,379 initial cash invested.
30.16%
Cash On Cash
28.27%
Cap Rate
4.63
DSCR
$1,854
Rent
$663
Cashflow
Cash Flow
$1,854 income − $1,191 expenses = $663 cash flow
Investment Breakdown
|
Purchase Price
$39,900
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,379
Downpayment
20%
$7,980
Closing costs
1%
$399
Rehab
0%
$0
Furnishing
45%
$18,000
Cashflow
Total Income
$1,854
Total Expenses
$1,191
Mortgage P&I
11%
$203
Property Taxes
19%
$344
Home Insurance
1%
$14
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$204