This property could be a profitable Long-Term investment with a projected 15.7% first-year return on $21,483 initial cash invested.
15.7%
Cash On Cash
10.18%
Cap Rate
1.66
DSCR
$1,297
Rent
$281
Cashflow
Cash Flow
$1,297 income − $1,016 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,483
Downpayment
20%
$20,460
Closing costs
1%
$1,023
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,297
Total Expenses
$1,016
Mortgage P&I
40%
$522
Property Taxes
4%
$56
Home Insurance
8%
$100
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0