This property could be a profitable Long-Term investment with a projected 11.92% first-year return on $41,370 initial cash invested.
11.92%
Cash On Cash
9.93%
Cap Rate
1.48
DSCR
$2,393
Rent
$411
Cashflow
Cash Flow
$2,393 income − $1,982 expenses = $411 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,393
Total Expenses
$1,982
Mortgage P&I
46%
$1,099
Property Taxes
9%
$208
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0