This property could be a profitable Mid-Term investment with a projected 22.6% first-year return on $36,375 initial cash invested.
22.6%
Cash On Cash
16.5%
Cap Rate
2.71
DSCR
$1,846
Rent
$685
Cashflow
Cash Flow
$1,846 income − $1,161 expenses = $685 cash flow
Investment Breakdown
|
Purchase Price
$87,500
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,375
Downpayment
20%
$17,500
Closing costs
1%
$875
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,846
Total Expenses
$1,161
Mortgage P&I
24%
$444
Property Taxes
3%
$58
Home Insurance
2%
$31
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203