This property could be a profitable Mid-Term investment with a projected 31.28% first-year return on $36,795 initial cash invested.
31.28%
Cash On Cash
20.84%
Cap Rate
3.13
DSCR
$2,444
Rent
$959
Cashflow
Cash Flow
$2,444 income − $1,485 expenses = $959 cash flow
Investment Breakdown
|
Purchase Price
$89,500
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,795
Downpayment
20%
$17,900
Closing costs
1%
$895
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$2,444
Total Expenses
$1,485
Mortgage P&I
20%
$497
Property Taxes
5%
$126
Home Insurance
1%
$31
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269