This property could be a profitable Mid-Term investment with a projected 37.21% first-year return on $42,339 initial cash invested.
37.21%
Cash On Cash
21.68%
Cap Rate
3.22
DSCR
$3,258
Rent
$1,313
Cashflow
Cash Flow
$3,258 income − $1,945 expenses = $1,313 cash flow
Investment Breakdown
|
Purchase Price
$116k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,339
Downpayment
20%
$23,180
Closing costs
1%
$1,159
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$3,258
Total Expenses
$1,945
Mortgage P&I
20%
$651
Property Taxes
4%
$117
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358