This property could be a profitable Mid-Term investment with a projected 20.58% first-year return on $38,475 initial cash invested.
20.58%
Cash On Cash
15.34%
Cap Rate
2.44
DSCR
$1,912
Rent
$660
Cashflow
Cash Flow
$1,912 income − $1,252 expenses = $660 cash flow
Investment Breakdown
|
Purchase Price
$97,500
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,475
Downpayment
20%
$19,500
Closing costs
1%
$975
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,912
Total Expenses
$1,252
Mortgage P&I
27%
$510
Property Taxes
3%
$60
Home Insurance
2%
$34
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210