This property could be a profitable Mid-Term investment with a projected 22.52% first-year return on $38,790 initial cash invested.
22.52%
Cash On Cash
16.65%
Cap Rate
2.44
DSCR
$2,109
Rent
$728
Cashflow
Cash Flow
$2,109 income − $1,381 expenses = $728 cash flow
Investment Breakdown
|
Purchase Price
$99,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,790
Downpayment
20%
$19,800
Closing costs
1%
$990
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,109
Total Expenses
$1,381
Mortgage P&I
27%
$562
Property Taxes
3%
$68
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232