This property could be a profitable Long-Term investment with a projected 19.96% first-year return on $25,914 initial cash invested.
19.96%
Cash On Cash
11.44%
Cap Rate
1.77
DSCR
$1,598
Rent
$431
Cashflow
Cash Flow
$1,598 income − $1,167 expenses = $431 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,914
Downpayment
20%
$24,680
Closing costs
1%
$1,234
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,598
Total Expenses
$1,167
Mortgage P&I
42%
$665
Property Taxes
2%
$30
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0