This property could be a profitable Long-Term investment with a projected 10.57% first-year return on $26,229 initial cash invested.
10.57%
Cash On Cash
9.46%
Cap Rate
1.44
DSCR
$1,358
Rent
$231
Cashflow
Cash Flow
$1,358 income − $1,127 expenses = $231 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,358
Total Expenses
$1,127
Mortgage P&I
51%
$686
Property Taxes
3%
$44
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0