This property could be a profitable Mid-Term investment with a projected 29.83% first-year return on $33,225 initial cash invested.
29.83%
Cash On Cash
21.88%
Cap Rate
3.25
DSCR
$2,229
Rent
$826
Cashflow
Cash Flow
$2,229 income − $1,403 expenses = $826 cash flow
Investment Breakdown
|
Purchase Price
$72,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,225
Downpayment
20%
$14,500
Closing costs
1%
$725
Rehab
0%
$0
Furnishing
25%
$18,000
Cashflow
Total Income
$2,229
Total Expenses
$1,403
Mortgage P&I
18%
$407
Property Taxes
10%
$214
Home Insurance
1%
$25
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245