This property could be a profitable Long-Term investment with a projected 19.12% first-year return on $39,291 initial cash invested.
19.12%
Cash On Cash
10.99%
Cap Rate
1.79
DSCR
$2,571
Rent
$626
Cashflow
Cash Flow
$2,571 income − $1,945 expenses = $626 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,291
Downpayment
20%
$37,420
Closing costs
1%
$1,871
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,571
Total Expenses
$1,945
Mortgage P&I
37%
$958
Property Taxes
9%
$230
Home Insurance
3%
$88
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$129
Vacancy
6%
$154
Maintenance
5%
$129
Other
0%
$0