This property could be a profitable Mid-Term investment with a projected 33.28% first-year return on $38,979 initial cash invested.
33.28%
Cash On Cash
20.83%
Cap Rate
3.19
DSCR
$2,714
Rent
$1,081
Cashflow
Cash Flow
$2,714 income − $1,633 expenses = $1,081 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.2%
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
$2,714
Total Expenses
$1,633
Mortgage P&I
20%
$544
Property Taxes
5%
$130
Home Insurance
1%
$35
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299