This property could be a profitable Mid-Term investment with a projected 34.11% first-year return on $42,738 initial cash invested.
34.11%
Cash On Cash
20.29%
Cap Rate
3.09
DSCR
$3,316
Rent
$1,215
Cashflow
Cash Flow
$3,316 income − $2,101 expenses = $1,215 cash flow
Investment Breakdown
|
Purchase Price
$118k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,738
Downpayment
20%
$23,560
Closing costs
1%
$1,178
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$3,316
Total Expenses
$2,101
Mortgage P&I
19%
$644
Property Taxes
8%
$268
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365