This property could be a profitable Mid-Term investment with a projected 16.03% first-year return on $41,100 initial cash invested.
16.03%
Cash On Cash
13.15%
Cap Rate
2.07
DSCR
$1,875
Rent
$549
Cashflow
Cash Flow
$1,875 income − $1,326 expenses = $549 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,100
Downpayment
20%
$22,000
Closing costs
1%
$1,100
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,875
Total Expenses
$1,326
Mortgage P&I
31%
$581
Property Taxes
4%
$70
Home Insurance
2%
$38
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206