This property could be a profitable Mid-Term investment with a projected 43.37% first-year return on $31,650 initial cash invested.
43.37%
Cash On Cash
29.98%
Cap Rate
4.4
DSCR
$2,766
Rent
$1,144
Cashflow
Cash Flow
$2,766 income − $1,622 expenses = $1,144 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
28%
$18,000
Cashflow
Total Income
$2,766
Total Expenses
$1,622
Mortgage P&I
13%
$369
Property Taxes
10%
$289
Home Insurance
1%
$23
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304