This property could be a profitable Long-Term investment with a projected 24.34% first-year return on $22,533 initial cash invested.
24.34%
Cash On Cash
12.58%
Cap Rate
1.94
DSCR
$1,770
Rent
$457
Cashflow
Cash Flow
$1,770 income − $1,313 expenses = $457 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,533
Downpayment
20%
$21,460
Closing costs
1%
$1,073
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$1,313
Mortgage P&I
33%
$580
Property Taxes
12%
$215
Home Insurance
3%
$59
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0