This property could be a profitable Long-Term investment with a projected 13.84% first-year return on $31,290 initial cash invested.
13.84%
Cash On Cash
10.03%
Cap Rate
1.58
DSCR
$1,970
Rent
$361
Cashflow
Cash Flow
$1,970 income − $1,609 expenses = $361 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,970
Total Expenses
$1,609
Mortgage P&I
40%
$786
Property Taxes
13%
$260
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0