This property could be a profitable Mid-Term investment with a projected 29.89% first-year return on $33,246 initial cash invested.
29.89%
Cash On Cash
21.75%
Cap Rate
3.28
DSCR
$2,163
Rent
$828
Cashflow
Cash Flow
$2,163 income − $1,335 expenses = $828 cash flow
Investment Breakdown
|
Purchase Price
$72,600
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,246
Downpayment
20%
$14,520
Closing costs
1%
$726
Rehab
0%
$0
Furnishing
25%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$1,335
Mortgage P&I
19%
$401
Property Taxes
7%
$160
Home Insurance
2%
$37
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238