This property could be a profitable Long-Term investment with a projected 20.83% first-year return on $26,964 initial cash invested.
20.83%
Cash On Cash
11.79%
Cap Rate
1.81
DSCR
$1,958
Rent
$468
Cashflow
Cash Flow
$1,958 income − $1,490 expenses = $468 cash flow
Investment Breakdown
|
Purchase Price
$128k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,964
Downpayment
20%
$25,680
Closing costs
1%
$1,284
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,958
Total Expenses
$1,490
Mortgage P&I
36%
$696
Property Taxes
11%
$208
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0