This property could be a profitable Long-Term investment with a projected 15.93% first-year return on $34,650 initial cash invested.
15.93%
Cash On Cash
10.88%
Cap Rate
1.64
DSCR
$2,479
Rent
$460
Cashflow
Cash Flow
$2,479 income − $2,019 expenses = $460 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,479
Total Expenses
$2,019
Mortgage P&I
37%
$912
Property Taxes
16%
$404
Home Insurance
2%
$58
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0