This property could be a profitable Mid-Term investment with a projected 29.7% first-year return on $40,890 initial cash invested.
29.7%
Cash On Cash
19.23%
Cap Rate
2.87
DSCR
$3,150
Rent
$1,012
Cashflow
Cash Flow
$3,150 income − $2,138 expenses = $1,012 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
$3,150
Total Expenses
$2,138
Mortgage P&I
19%
$609
Property Taxes
13%
$421
Home Insurance
1%
$38
HOA
0%
$0
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346