This property could be a profitable Mid-Term investment with a projected 15.73% first-year return on $37,383 initial cash invested.
15.73%
Cash On Cash
13.74%
Cap Rate
2.12
DSCR
$1,689
Rent
$490
Cashflow
Cash Flow
$1,689 income − $1,199 expenses = $490 cash flow
Investment Breakdown
|
Purchase Price
$92,300
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,383
Downpayment
20%
$18,460
Closing costs
1%
$923
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,689
Total Expenses
$1,199
Mortgage P&I
30%
$499
Property Taxes
5%
$92
Home Insurance
2%
$32
HOA
0%
$0
Property Management
12%
$203
CapEx
4%
$68
Vacancy
3%
$51
Maintenance
4%
$68
Other
11%
$186