This property could be a profitable Mid-Term investment with a projected 17.21% first-year return on $36,879 initial cash invested.
17.21%
Cash On Cash
14.64%
Cap Rate
2.2
DSCR
$1,726
Rent
$529
Cashflow
Cash Flow
$1,726 income − $1,197 expenses = $529 cash flow
Investment Breakdown
|
Purchase Price
$89,900
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,879
Downpayment
20%
$17,980
Closing costs
1%
$899
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,726
Total Expenses
$1,197
Mortgage P&I
29%
$499
Property Taxes
5%
$79
Home Insurance
2%
$32
HOA
0%
$0
Property Management
12%
$207
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$190