This property could be a profitable Mid-Term investment with a projected 19.72% first-year return on $36,879 initial cash invested.
19.72%
Cash On Cash
15.38%
Cap Rate
2.42
DSCR
$1,730
Rent
$606
Cashflow
Cash Flow
$1,730 income − $1,124 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$89,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,879
Downpayment
20%
$17,980
Closing costs
1%
$899
Rehab
0%
$0
Furnishing
20%
$18,000
Cashflow
Total Income
$1,730
Total Expenses
$1,124
Mortgage P&I
28%
$477
Property Taxes
2%
$27
Home Insurance
2%
$32
HOA
0%
$0
Property Management
12%
$208
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$190