This property could be a profitable Long-Term investment with a projected 10.16% first-year return on $29,988 initial cash invested.
10.16%
Cash On Cash
9.5%
Cap Rate
1.43
DSCR
$1,751
Rent
$254
Cashflow
Cash Flow
$1,751 income − $1,497 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,988
Downpayment
20%
$28,560
Closing costs
1%
$1,428
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,751
Total Expenses
$1,497
Mortgage P&I
45%
$788
Property Taxes
11%
$197
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0