This property could be a profitable Mid-Term investment with a projected 27.54% first-year return on $37,950 initial cash invested.
27.54%
Cash On Cash
18.63%
Cap Rate
2.85
DSCR
$2,187
Rent
$871
Cashflow
Cash Flow
$2,187 income − $1,316 expenses = $871 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,187
Total Expenses
$1,316
Mortgage P&I
24%
$517
Property Taxes
1%
$23
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$241