This property could be a profitable Mid-Term investment with a projected 36.51% first-year return on $32,574 initial cash invested.
36.51%
Cash On Cash
25.45%
Cap Rate
3.84
DSCR
$2,439
Rent
$991
Cashflow
Cash Flow
$2,439 income − $1,448 expenses = $991 cash flow
Investment Breakdown
|
Purchase Price
$69,400
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,574
Downpayment
20%
$13,880
Closing costs
1%
$694
Rehab
0%
$0
Furnishing
26%
$18,000
Cashflow
Total Income
$2,439
Total Expenses
$1,448
Mortgage P&I
16%
$383
Property Taxes
8%
$198
Home Insurance
2%
$37
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268