This property could be a profitable Mid-Term investment with a projected 22.19% first-year return on $28,500 initial cash invested.
22.19%
Cash On Cash
20.23%
Cap Rate
3.27
DSCR
$1,442
Rent
$527
Cashflow
Cash Flow
$1,442 income − $915 expenses = $527 cash flow
Investment Breakdown
|
Purchase Price
$50,000
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,500
Downpayment
20%
$10,000
Closing costs
1%
$500
Rehab
0%
$0
Furnishing
36%
$18,000
Cashflow
Total Income
$1,442
Total Expenses
$915
Mortgage P&I
18%
$258
Property Taxes
10%
$148
Home Insurance
1%
$18
HOA
0%
$0
Property Management
12%
$173
CapEx
4%
$58
Vacancy
3%
$43
Maintenance
4%
$58
Other
11%
$159