This property could be a profitable Mid-Term investment with a projected 11.42% first-year return on $40,050 initial cash invested.
11.42%
Cash On Cash
11.45%
Cap Rate
1.8
DSCR
$1,605
Rent
$381
Cashflow
Cash Flow
$1,605 income − $1,224 expenses = $381 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,605
Total Expenses
$1,224
Mortgage P&I
35%
$557
Property Taxes
5%
$84
Home Insurance
2%
$37
HOA
0%
$0
Property Management
12%
$193
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$177