This property could be a profitable Long-Term investment with a projected 22.64% first-year return on $22,260 initial cash invested.
22.64%
Cash On Cash
12.28%
Cap Rate
1.86
DSCR
$1,618
Rent
$420
Cashflow
Cash Flow
$1,618 income − $1,198 expenses = $420 cash flow
Investment Breakdown
|
Purchase Price
$106k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,260
Downpayment
20%
$21,200
Closing costs
1%
$1,060
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,618
Total Expenses
$1,198
Mortgage P&I
36%
$584
Property Taxes
10%
$156
Home Insurance
2%
$37
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0