This property could be a profitable Mid-Term investment with a projected 45.84% first-year return on $25,497 initial cash invested.
45.84%
Cash On Cash
41.85%
Cap Rate
6.38
DSCR
$1,905
Rent
$974
Cashflow
Cash Flow
$1,905 income − $931 expenses = $974 cash flow
Investment Breakdown
|
Purchase Price
$35,700
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,497
Downpayment
20%
$7,140
Closing costs
1%
$357
Rehab
0%
$0
Furnishing
50%
$18,000
Cashflow
Total Income
$1,905
Total Expenses
$931
Mortgage P&I
10%
$195
Property Taxes
1%
$24
Home Insurance
3%
$64
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210