This property could be a profitable Mid-Term investment with a projected 34.69% first-year return on $34,905 initial cash invested.
34.69%
Cash On Cash
22.82%
Cap Rate
3.65
DSCR
$2,544
Rent
$1,009
Cashflow
Cash Flow
$2,544 income − $1,535 expenses = $1,009 cash flow
Investment Breakdown
|
Purchase Price
$80,500
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,905
Downpayment
20%
$16,100
Closing costs
1%
$805
Rehab
0%
$0
Furnishing
22%
$18,000
Cashflow
Total Income
$2,544
Total Expenses
$1,535
Mortgage P&I
17%
$420
Property Taxes
9%
$222
Home Insurance
1%
$28
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280