This property could be a profitable Mid-Term investment with a projected 32.06% first-year return on $32,679 initial cash invested.
32.06%
Cash On Cash
23.23%
Cap Rate
3.45
DSCR
$2,210
Rent
$873
Cashflow
Cash Flow
$2,210 income − $1,337 expenses = $873 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
26%
$18,000
Cashflow
Total Income
$2,210
Total Expenses
$1,337
Mortgage P&I
18%
$392
Property Taxes
8%
$171
Home Insurance
1%
$24
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243