This property could be a profitable Mid-Term investment with a projected 13.16% first-year return on $35,829 initial cash invested.
13.16%
Cash On Cash
13.05%
Cap Rate
1.95
DSCR
$1,420
Rent
$393
Cashflow
Cash Flow
$1,420 income − $1,027 expenses = $393 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,829
Downpayment
20%
$16,980
Closing costs
1%
$849
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,420
Total Expenses
$1,027
Mortgage P&I
33%
$473
Property Taxes
3%
$38
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$170
CapEx
4%
$57
Vacancy
3%
$43
Maintenance
4%
$57
Other
11%
$156