This property could be a profitable Mid-Term investment with a projected 28.57% first-year return on $38,979 initial cash invested.
28.57%
Cash On Cash
18.73%
Cap Rate
2.89
DSCR
$2,277
Rent
$928
Cashflow
Cash Flow
$2,277 income − $1,349 expenses = $928 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,277
Total Expenses
$1,349
Mortgage P&I
24%
$540
Property Taxes
0%
$1
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250