This property could be a profitable Long-Term investment with a projected 25.48% first-year return on $53,550 initial cash invested.
25.48%
Cash On Cash
12.36%
Cap Rate
2
DSCR
$3,469
Rent
$1,137
Cashflow
Cash Flow
$3,469 income − $2,332 expenses = $1,137 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,469
Total Expenses
$2,332
Mortgage P&I
38%
$1,316
Property Taxes
1%
$26
Home Insurance
3%
$89
HOA
0%
$0
Property Management
10%
$347
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0