This property could be a profitable Mid-Term investment with a projected 23.53% first-year return on $38,916 initial cash invested.
23.53%
Cash On Cash
17.2%
Cap Rate
2.48
DSCR
$2,246
Rent
$763
Cashflow
Cash Flow
$2,246 income − $1,483 expenses = $763 cash flow
Investment Breakdown
|
Purchase Price
$99,600
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,916
Downpayment
20%
$19,920
Closing costs
1%
$996
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,246
Total Expenses
$1,483
Mortgage P&I
26%
$575
Property Taxes
5%
$104
Home Insurance
2%
$40
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247