This property could be a profitable Mid-Term investment with a projected 40.04% first-year return on $35,304 initial cash invested.
40.04%
Cash On Cash
25.12%
Cap Rate
3.91
DSCR
$2,640
Rent
$1,178
Cashflow
Cash Flow
$2,640 income − $1,462 expenses = $1,178 cash flow
Investment Breakdown
|
Purchase Price
$82,400
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,304
Downpayment
20%
$16,480
Closing costs
1%
$824
Rehab
0%
$0
Furnishing
22%
$18,000
Cashflow
Total Income
$2,640
Total Expenses
$1,462
Mortgage P&I
17%
$441
Property Taxes
3%
$88
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290