This property could be a profitable Mid-Term investment with a projected 19.69% first-year return on $41,079 initial cash invested.
19.69%
Cash On Cash
15.2%
Cap Rate
2.21
DSCR
$2,174
Rent
$674
Cashflow
Cash Flow
$2,174 income − $1,500 expenses = $674 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,079
Downpayment
20%
$21,980
Closing costs
1%
$1,099
Rehab
0%
$0
Furnishing
16%
$18,000
Cashflow
Total Income
$2,174
Total Expenses
$1,500
Mortgage P&I
29%
$631
Property Taxes
4%
$92
Home Insurance
2%
$38
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239