This property could be a profitable Long-Term investment with a projected 17.26% first-year return on $23,079 initial cash invested.
17.26%
Cash On Cash
10.94%
Cap Rate
1.67
DSCR
$1,405
Rent
$332
Cashflow
Cash Flow
$1,405 income − $1,073 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,079
Downpayment
20%
$21,980
Closing costs
1%
$1,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,405
Total Expenses
$1,073
Mortgage P&I
43%
$600
Property Taxes
5%
$71
Home Insurance
3%
$38
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0