This property could be a profitable Mid-Term investment with a projected 30.34% first-year return on $40,029 initial cash invested.
30.34%
Cash On Cash
19.41%
Cap Rate
2.93
DSCR
$2,656
Rent
$1,012
Cashflow
Cash Flow
$2,656 income − $1,644 expenses = $1,012 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,029
Downpayment
20%
$20,980
Closing costs
1%
$1,049
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$2,656
Total Expenses
$1,644
Mortgage P&I
22%
$579
Property Taxes
5%
$125
Home Insurance
1%
$37
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292