This property could be a profitable Long-Term investment with a projected 11.55% first-year return on $48,090 initial cash invested.
11.55%
Cash On Cash
9.72%
Cap Rate
1.47
DSCR
$2,510
Rent
$463
Cashflow
Cash Flow
$2,510 income − $2,047 expenses = $463 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,510
Total Expenses
$2,047
Mortgage P&I
50%
$1,265
Property Taxes
2%
$48
Home Insurance
3%
$80
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0