This property could be a profitable Mid-Term investment with a projected 29.74% first-year return on $35,829 initial cash invested.
29.74%
Cash On Cash
20.86%
Cap Rate
3.07
DSCR
$2,685
Rent
$888
Cashflow
Cash Flow
$2,685 income − $1,797 expenses = $888 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.6%
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
$2,685
Total Expenses
$1,797
Mortgage P&I
18%
$481
Property Taxes
14%
$374
Home Insurance
1%
$30
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295