This property could be a profitable Mid-Term investment with a projected 17.89% first-year return on $38,979 initial cash invested.
17.89%
Cash On Cash
14.56%
Cap Rate
2.18
DSCR
$1,887
Rent
$581
Cashflow
Cash Flow
$1,887 income − $1,306 expenses = $581 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,887
Total Expenses
$1,306
Mortgage P&I
29%
$556
Property Taxes
4%
$74
Home Insurance
2%
$35
HOA
0%
$0
Property Management
12%
$226
CapEx
4%
$75
Vacancy
3%
$57
Maintenance
4%
$75
Other
11%
$208