This property could be a profitable Long-Term investment with a projected 10.75% first-year return on $32,151 initial cash invested.
10.75%
Cash On Cash
9.33%
Cap Rate
1.48
DSCR
$1,971
Rent
$288
Cashflow
Cash Flow
$1,971 income − $1,683 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,151
Downpayment
20%
$30,620
Closing costs
1%
$1,531
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,971
Total Expenses
$1,683
Mortgage P&I
41%
$803
Property Taxes
14%
$273
Home Insurance
5%
$94
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0