This property could be a profitable Mid-Term investment with a projected 39.53% first-year return on $28,080 initial cash invested.
39.53%
Cash On Cash
31.9%
Cap Rate
4.73
DSCR
$2,018
Rent
$925
Cashflow
Cash Flow
$2,018 income − $1,093 expenses = $925 cash flow
Investment Breakdown
|
Purchase Price
$48,000
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,080
Downpayment
20%
$9,600
Closing costs
1%
$480
Rehab
0%
$0
Furnishing
38%
$18,000
Cashflow
Total Income
$2,018
Total Expenses
$1,093
Mortgage P&I
13%
$270
Property Taxes
6%
$119
Home Insurance
1%
$17
HOA
0%
$0
Property Management
12%
$242
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222