This property could be a profitable Long-Term investment with a projected 25.4% first-year return on $42,000 initial cash invested.
25.4%
Cash On Cash
12.98%
Cap Rate
1.92
DSCR
$2,896
Rent
$889
Cashflow
Cash Flow
$2,896 income − $2,007 expenses = $889 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,896
Total Expenses
$2,007
Mortgage P&I
39%
$1,129
Property Taxes
2%
$54
Home Insurance
2%
$70
HOA
0%
$0
Property Management
10%
$290
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0