This property could be a profitable Mid-Term investment with a projected 24.75% first-year return on $36,890 initial cash invested.
24.75%
Cash On Cash
17.7%
Cap Rate
2.8
DSCR
$2,288
Rent
$761
Cashflow
Cash Flow
$2,288 income − $1,527 expenses = $761 cash flow
Investment Breakdown
|
Purchase Price
$89,950
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,890
Downpayment
20%
$17,990
Closing costs
1%
$900
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$2,288
Total Expenses
$1,527
Mortgage P&I
21%
$474
Property Taxes
11%
$241
Home Insurance
1%
$32
HOA
0%
$0
Property Management
12%
$275
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$252