This property could be a profitable Mid-Term investment with a projected 44.33% first-year return on $30,588 initial cash invested.
44.33%
Cash On Cash
30.59%
Cap Rate
5.03
DSCR
$2,344
Rent
$1,130
Cashflow
Cash Flow
$2,344 income − $1,214 expenses = $1,130 cash flow
Investment Breakdown
|
Purchase Price
$59,946
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,588
Downpayment
20%
$11,989
Closing costs
1%
$599
Rehab
0%
$0
Furnishing
30%
$18,000
Cashflow
Total Income
$2,344
Total Expenses
$1,214
Mortgage P&I
13%
$304
Property Taxes
4%
$92
Home Insurance
1%
$21
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258