This property could be a profitable Long-Term investment with a projected 10.65% first-year return on $46,662 initial cash invested.
10.65%
Cash On Cash
9.59%
Cap Rate
1.43
DSCR
$2,430
Rent
$414
Cashflow
Cash Flow
$2,430 income − $2,016 expenses = $414 cash flow
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,662
Downpayment
20%
$44,440
Closing costs
1%
$2,222
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,430
Total Expenses
$2,016
Mortgage P&I
51%
$1,240
Property Taxes
3%
$64
Home Insurance
3%
$79
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0