This property could be a profitable Mid-Term investment with a projected 31.7% first-year return on $33,729 initial cash invested.
31.7%
Cash On Cash
22.53%
Cap Rate
3.26
DSCR
$2,112
Rent
$891
Cashflow
Cash Flow
$2,112 income − $1,221 expenses = $891 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,112
Total Expenses
$1,221
Mortgage P&I
20%
$431
Property Taxes
2%
$48
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232