This property could be a profitable Long-Term investment with a projected 14.34% first-year return on $42,000 initial cash invested.
14.34%
Cash On Cash
10.44%
Cap Rate
1.57
DSCR
$2,668
Rent
$502
Cashflow
Cash Flow
$2,668 income − $2,166 expenses = $502 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,668
Total Expenses
$2,166
Mortgage P&I
41%
$1,105
Property Taxes
11%
$298
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0