This property could be a profitable Long-Term investment with a projected 18.56% first-year return on $31,815 initial cash invested.
18.56%
Cash On Cash
10.7%
Cap Rate
1.79
DSCR
$2,093
Rent
$492
Cashflow
Cash Flow
$2,093 income − $1,601 expenses = $492 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,815
Downpayment
20%
$30,300
Closing costs
1%
$1,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,093
Total Expenses
$1,601
Mortgage P&I
36%
$754
Property Taxes
10%
$208
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0