This property could be a profitable Mid-Term investment with a projected 54.59% first-year return on $26,400 initial cash invested.
54.59%
Cash On Cash
45%
Cap Rate
7.08
DSCR
$2,187
Rent
$1,201
Cashflow
Cash Flow
$2,187 income − $986 expenses = $1,201 cash flow
Investment Breakdown
|
Purchase Price
$40,000
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,400
Downpayment
20%
$8,000
Closing costs
1%
$400
Rehab
0%
$0
Furnishing
45%
$18,000
Cashflow
Total Income
$2,187
Total Expenses
$986
Mortgage P&I
10%
$212
Property Taxes
1%
$17
Home Insurance
1%
$14
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$241