This property could be a profitable Mid-Term investment with a projected 58.08% first-year return on $36,900 initial cash invested.
58.08%
Cash On Cash
32.29%
Cap Rate
4.97
DSCR
$3,716
Rent
$1,786
Cashflow
Cash Flow
$3,716 income − $1,930 expenses = $1,786 cash flow
Investment Breakdown
|
Purchase Price
$90,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,900
Downpayment
20%
$18,000
Closing costs
1%
$900
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$3,716
Total Expenses
$1,930
Mortgage P&I
13%
$487
Property Taxes
4%
$147
Home Insurance
1%
$32
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$111
Maintenance
4%
$149
Other
11%
$409