This property could be a profitable Mid-Term investment with a projected 28.84% first-year return on $35,745 initial cash invested.
28.84%
Cash On Cash
20.08%
Cap Rate
3.02
DSCR
$2,187
Rent
$859
Cashflow
Cash Flow
$2,187 income − $1,328 expenses = $859 cash flow
Investment Breakdown
|
Purchase Price
$84,500
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,745
Downpayment
20%
$16,900
Closing costs
1%
$845
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$2,187
Total Expenses
$1,328
Mortgage P&I
21%
$468
Property Taxes
4%
$87
Home Insurance
1%
$30
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$241