This property could be a profitable Long-Term investment with a projected 13.22% first-year return on $34,860 initial cash invested.
13.22%
Cash On Cash
10.17%
Cap Rate
1.54
DSCR
$2,152
Rent
$384
Cashflow
Cash Flow
$2,152 income − $1,768 expenses = $384 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,860
Downpayment
20%
$33,200
Closing costs
1%
$1,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,152
Total Expenses
$1,768
Mortgage P&I
43%
$915
Property Taxes
11%
$233
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0