This property could be a profitable Long-Term investment with a projected 16.22% first-year return on $23,079 initial cash invested.
16.22%
Cash On Cash
11.08%
Cap Rate
1.61
DSCR
$1,449
Rent
$312
Cashflow
Cash Flow
$1,449 income − $1,137 expenses = $312 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,079
Downpayment
20%
$21,980
Closing costs
1%
$1,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,449
Total Expenses
$1,137
Mortgage P&I
44%
$631
Property Taxes
6%
$92
Home Insurance
3%
$38
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0