This property could be a profitable Mid-Term investment with a projected 28.55% first-year return on $35,850 initial cash invested.
28.55%
Cash On Cash
19.88%
Cap Rate
2.99
DSCR
$2,108
Rent
$853
Cashflow
Cash Flow
$2,108 income − $1,255 expenses = $853 cash flow
Investment Breakdown
|
Purchase Price
$85,000
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,850
Downpayment
20%
$17,000
Closing costs
1%
$850
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$2,108
Total Expenses
$1,255
Mortgage P&I
22%
$471
Property Taxes
2%
$38
Home Insurance
1%
$30
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232