This property could be a profitable Long-Term investment with a projected 44.93% first-year return on $23,394 initial cash invested.
44.93%
Cash On Cash
17.42%
Cap Rate
2.57
DSCR
$2,238
Rent
$876
Cashflow
Cash Flow
$2,238 income − $1,362 expenses = $876 cash flow
Investment Breakdown
|
Purchase Price
$111k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,394
Downpayment
20%
$22,280
Closing costs
1%
$1,114
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,238
Total Expenses
$1,362
Mortgage P&I
28%
$629
Property Taxes
3%
$69
Home Insurance
4%
$82
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0