This property could be a profitable Mid-Term investment with a projected 41.61% first-year return on $38,790 initial cash invested.
41.61%
Cash On Cash
24.58%
Cap Rate
3.61
DSCR
$3,020
Rent
$1,345
Cashflow
Cash Flow
$3,020 income − $1,675 expenses = $1,345 cash flow
Investment Breakdown
|
Purchase Price
$99,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,790
Downpayment
20%
$19,800
Closing costs
1%
$990
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$3,020
Total Expenses
$1,675
Mortgage P&I
19%
$562
Property Taxes
2%
$51
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332