This property could be a profitable Mid-Term investment with a projected 14.89% first-year return on $39,966 initial cash invested.
14.89%
Cash On Cash
13.28%
Cap Rate
1.98
DSCR
$1,938
Rent
$496
Cashflow
Cash Flow
$1,938 income − $1,442 expenses = $496 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,966
Downpayment
20%
$20,920
Closing costs
1%
$1,046
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,938
Total Expenses
$1,442
Mortgage P&I
30%
$584
Property Taxes
8%
$146
Home Insurance
3%
$52
HOA
0%
$0
Property Management
12%
$233
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$213