This property could be a profitable Mid-Term investment with a projected 28.94% first-year return on $32,679 initial cash invested.
28.94%
Cash On Cash
21.73%
Cap Rate
3.17
DSCR
$1,968
Rent
$788
Cashflow
Cash Flow
$1,968 income − $1,180 expenses = $788 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
26%
$18,000
Cashflow
Total Income
$1,968
Total Expenses
$1,180
Mortgage P&I
20%
$399
Property Taxes
4%
$88
Home Insurance
1%
$24
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$216