This property could be a profitable Long-Term investment with a projected 26.66% first-year return on $27,279 initial cash invested.
26.66%
Cash On Cash
13.27%
Cap Rate
2.01
DSCR
$2,313
Rent
$606
Cashflow
Cash Flow
$2,313 income − $1,707 expenses = $606 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,313
Total Expenses
$1,707
Mortgage P&I
31%
$715
Property Taxes
15%
$344
Home Insurance
2%
$46
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0