This property could be a profitable Mid-Term investment with a projected 15.11% first-year return on $40,890 initial cash invested.
15.11%
Cash On Cash
13.18%
Cap Rate
1.97
DSCR
$1,814
Rent
$515
Cashflow
Cash Flow
$1,814 income − $1,299 expenses = $515 cash flow
Investment Breakdown
|
Purchase Price
$109k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,890
Downpayment
20%
$21,800
Closing costs
1%
$1,090
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,814
Total Expenses
$1,299
Mortgage P&I
34%
$609
Property Taxes
2%
$34
Home Insurance
2%
$38
HOA
0%
$0
Property Management
12%
$218
CapEx
4%
$73
Vacancy
3%
$54
Maintenance
4%
$73
Other
11%
$200