This property could be a profitable Long-Term investment with a projected 15.46% first-year return on $31,290 initial cash invested.
15.46%
Cash On Cash
10.78%
Cap Rate
1.58
DSCR
$1,804
Rent
$403
Cashflow
Cash Flow
$1,804 income − $1,401 expenses = $403 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,804
Total Expenses
$1,401
Mortgage P&I
47%
$846
Property Taxes
2%
$35
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0