This property could be a profitable Mid-Term investment with a projected 10.17% first-year return on $41,184 initial cash invested.
10.17%
Cash On Cash
11.03%
Cap Rate
1.69
DSCR
$1,588
Rent
$349
Cashflow
Cash Flow
$1,588 income − $1,239 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,184
Downpayment
20%
$22,080
Closing costs
1%
$1,104
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$1,588
Total Expenses
$1,239
Mortgage P&I
38%
$602
Property Taxes
3%
$51
Home Insurance
3%
$44
HOA
0%
$0
Property Management
12%
$191
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$175