This property could be a profitable Long-Term investment with a projected 15.47% first-year return on $37,779 initial cash invested.
15.47%
Cash On Cash
10.29%
Cap Rate
1.63
DSCR
$2,220
Rent
$487
Cashflow
Cash Flow
$2,220 income − $1,733 expenses = $487 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,220
Total Expenses
$1,733
Mortgage P&I
43%
$944
Property Taxes
7%
$146
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0