This property could be a profitable Long-Term investment with a projected 21.06% first-year return on $29,400 initial cash invested.
21.06%
Cash On Cash
11.94%
Cap Rate
1.78
DSCR
$1,857
Rent
$516
Cashflow
Cash Flow
$1,857 income − $1,341 expenses = $516 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,400
Downpayment
20%
$28,000
Closing costs
1%
$1,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,857
Total Expenses
$1,341
Mortgage P&I
42%
$784
Property Taxes
1%
$25
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0