This property could be a profitable Long-Term investment with a projected 17.72% first-year return on $33,243 initial cash invested.
17.72%
Cash On Cash
11.36%
Cap Rate
1.71
DSCR
$2,663
Rent
$491
Cashflow
Cash Flow
$2,663 income − $2,172 expenses = $491 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,243
Downpayment
20%
$31,660
Closing costs
1%
$1,583
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,663
Total Expenses
$2,172
Mortgage P&I
33%
$875
Property Taxes
21%
$549
Home Insurance
2%
$56
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0