This property could be a profitable Long-Term investment with a projected 12.31% first-year return on $23,100 initial cash invested.
12.31%
Cash On Cash
9.6%
Cap Rate
1.51
DSCR
$1,250
Rent
$237
Cashflow
Cash Flow
$1,250 income − $1,013 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,100
Downpayment
20%
$22,000
Closing costs
1%
$1,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,250
Total Expenses
$1,013
Mortgage P&I
46%
$581
Property Taxes
6%
$70
Home Insurance
3%
$38
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0