This property could be a profitable Long-Term investment with a projected 11.86% first-year return on $24,486 initial cash invested.
11.86%
Cash On Cash
10.01%
Cap Rate
1.5
DSCR
$1,627
Rent
$242
Cashflow
Cash Flow
$1,627 income − $1,385 expenses = $242 cash flow
Investment Breakdown
|
Purchase Price
$117k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,486
Downpayment
20%
$23,320
Closing costs
1%
$1,166
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,627
Total Expenses
$1,385
Mortgage P&I
40%
$650
Property Taxes
17%
$282
Home Insurance
2%
$30
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0