This property could be a profitable Long-Term investment with a projected 17.81% first-year return on $30,450 initial cash invested.
17.81%
Cash On Cash
10.93%
Cap Rate
1.7
DSCR
$1,847
Rent
$452
Cashflow
Cash Flow
$1,847 income − $1,395 expenses = $452 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,847
Total Expenses
$1,395
Mortgage P&I
42%
$777
Property Taxes
5%
$87
Home Insurance
3%
$51
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0