This property could be a profitable Mid-Term investment with a projected 20.77% first-year return on $37,677 initial cash invested.
20.77%
Cash On Cash
15.74%
Cap Rate
2.46
DSCR
$1,922
Rent
$652
Cashflow
Cash Flow
$1,922 income − $1,270 expenses = $652 cash flow
Investment Breakdown
|
Purchase Price
$93,700
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,677
Downpayment
20%
$18,740
Closing costs
1%
$937
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$1,922
Total Expenses
$1,270
Mortgage P&I
26%
$500
Property Taxes
2%
$46
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$231
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211