This property could be a profitable Long-Term investment with a projected 18.2% first-year return on $32,445 initial cash invested.
18.2%
Cash On Cash
10.95%
Cap Rate
1.72
DSCR
$1,971
Rent
$492
Cashflow
Cash Flow
$1,971 income − $1,479 expenses = $492 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,445
Downpayment
20%
$30,900
Closing costs
1%
$1,545
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,971
Total Expenses
$1,479
Mortgage P&I
42%
$819
Property Taxes
4%
$86
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0