This property could be a profitable Mid-Term investment with a projected 23.85% first-year return on $38,748 initial cash invested.
23.85%
Cash On Cash
17.16%
Cap Rate
2.56
DSCR
$2,253
Rent
$770
Cashflow
Cash Flow
$2,253 income − $1,483 expenses = $770 cash flow
Investment Breakdown
|
Purchase Price
$98,800
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,748
Downpayment
20%
$19,760
Closing costs
1%
$988
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,253
Total Expenses
$1,483
Mortgage P&I
25%
$553
Property Taxes
5%
$119
Home Insurance
2%
$45
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248