This property could be a profitable Mid-Term investment with a projected 27.93% first-year return on $41,037 initial cash invested.
27.93%
Cash On Cash
17.73%
Cap Rate
2.91
DSCR
$2,732
Rent
$955
Cashflow
Cash Flow
$2,732 income − $1,777 expenses = $955 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,037
Downpayment
20%
$21,940
Closing costs
1%
$1,097
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,732
Total Expenses
$1,777
Mortgage P&I
20%
$557
Property Taxes
9%
$253
Home Insurance
1%
$38
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301