This property could be a profitable Mid-Term investment with a projected 13.25% first-year return on $37,047 initial cash invested.
13.25%
Cash On Cash
12.94%
Cap Rate
1.93
DSCR
$1,575
Rent
$409
Cashflow
Cash Flow
$1,575 income − $1,166 expenses = $409 cash flow
Investment Breakdown
|
Purchase Price
$90,700
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,047
Downpayment
20%
$18,140
Closing costs
1%
$907
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,575
Total Expenses
$1,166
Mortgage P&I
32%
$506
Property Taxes
6%
$97
Home Insurance
2%
$28
HOA
0%
$0
Property Management
12%
$189
CapEx
4%
$63
Vacancy
3%
$47
Maintenance
4%
$63
Other
11%
$173