This property could be a profitable Mid-Term investment with a projected 21.91% first-year return on $40,470 initial cash invested.
21.91%
Cash On Cash
15.95%
Cap Rate
2.39
DSCR
$2,164
Rent
$739
Cashflow
Cash Flow
$2,164 income − $1,425 expenses = $739 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,470
Downpayment
20%
$21,400
Closing costs
1%
$1,070
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$2,164
Total Expenses
$1,425
Mortgage P&I
28%
$596
Property Taxes
3%
$55
Home Insurance
2%
$37
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238