This property could be a profitable Long-Term investment with a projected 11.56% first-year return on $41,202 initial cash invested.
11.56%
Cash On Cash
9.79%
Cap Rate
1.48
DSCR
$2,397
Rent
$397
Cashflow
Cash Flow
$2,397 income − $2,000 expenses = $397 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,202
Downpayment
20%
$39,240
Closing costs
1%
$1,962
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,397
Total Expenses
$2,000
Mortgage P&I
45%
$1,084
Property Taxes
8%
$185
Home Insurance
3%
$70
HOA
2%
$37
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0