This property could be a profitable Mid-Term investment with a projected 21.71% first-year return on $29,739 initial cash invested.
21.71%
Cash On Cash
19.49%
Cap Rate
2.98
DSCR
$1,636
Rent
$538
Cashflow
Cash Flow
$1,636 income − $1,098 expenses = $538 cash flow
Investment Breakdown
|
Purchase Price
$55,900
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,739
Downpayment
20%
$11,180
Closing costs
1%
$559
Rehab
0%
$0
Furnishing
32%
$18,000
Cashflow
Total Income
$1,636
Total Expenses
$1,098
Mortgage P&I
19%
$305
Property Taxes
13%
$218
Home Insurance
1%
$20
HOA
0%
$0
Property Management
12%
$196
CapEx
4%
$65
Vacancy
3%
$49
Maintenance
4%
$65
Other
11%
$180