This property could be a profitable Mid-Term investment with a projected 23.88% first-year return on $41,562 initial cash invested.
23.88%
Cash On Cash
16.66%
Cap Rate
2.47
DSCR
$2,512
Rent
$827
Cashflow
Cash Flow
$2,512 income − $1,685 expenses = $827 cash flow
Investment Breakdown
|
Purchase Price
$112k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,562
Downpayment
20%
$22,440
Closing costs
1%
$1,122
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,512
Total Expenses
$1,685
Mortgage P&I
25%
$631
Property Taxes
7%
$179
Home Insurance
1%
$23
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276