This property could be a profitable Mid-Term investment with a projected 21.03% first-year return on $34,800 initial cash invested.
21.03%
Cash On Cash
16.89%
Cap Rate
2.57
DSCR
$1,940
Rent
$610
Cashflow
Cash Flow
$1,940 income − $1,330 expenses = $610 cash flow
Investment Breakdown
|
Purchase Price
$80,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,800
Downpayment
20%
$16,000
Closing costs
1%
$800
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,940
Total Expenses
$1,330
Mortgage P&I
23%
$438
Property Taxes
11%
$204
Home Insurance
1%
$28
HOA
0%
$0
Property Management
12%
$233
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$213