This property could be a profitable Long-Term investment with a projected 20.9% first-year return on $24,570 initial cash invested.
20.9%
Cash On Cash
11.96%
Cap Rate
1.77
DSCR
$1,554
Rent
$428
Cashflow
Cash Flow
$1,554 income − $1,126 expenses = $428 cash flow
Investment Breakdown
|
Purchase Price
$117k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,570
Downpayment
20%
$23,400
Closing costs
1%
$1,170
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,554
Total Expenses
$1,126
Mortgage P&I
42%
$660
Property Taxes
1%
$16
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0