This property could be a profitable Mid-Term investment with a projected 28.99% first-year return on $37,215 initial cash invested.
28.99%
Cash On Cash
19.15%
Cap Rate
3.08
DSCR
$2,182
Rent
$899
Cashflow
Cash Flow
$2,182 income − $1,283 expenses = $899 cash flow
Investment Breakdown
|
Purchase Price
$91,500
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,215
Downpayment
20%
$18,300
Closing costs
1%
$915
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$2,182
Total Expenses
$1,283
Mortgage P&I
22%
$474
Property Taxes
2%
$50
Home Insurance
1%
$18
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$240