This property could be a profitable Long-Term investment with a projected 23.4% first-year return on $26,460 initial cash invested.
23.4%
Cash On Cash
12.43%
Cap Rate
1.86
DSCR
$1,750
Rent
$516
Cashflow
Cash Flow
$1,750 income − $1,234 expenses = $516 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,460
Downpayment
20%
$25,200
Closing costs
1%
$1,260
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$1,234
Mortgage P&I
40%
$701
Property Taxes
2%
$33
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0