This property could be a profitable Long-Term investment with a projected 13.15% first-year return on $33,579 initial cash invested.
13.15%
Cash On Cash
10.17%
Cap Rate
1.52
DSCR
$1,860
Rent
$368
Cashflow
Cash Flow
$1,860 income − $1,492 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,860
Total Expenses
$1,492
Mortgage P&I
48%
$894
Property Taxes
3%
$58
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0