This property could be a profitable Long-Term investment with a projected 10.29% first-year return on $45,150 initial cash invested.
10.29%
Cash On Cash
9.39%
Cap Rate
1.42
DSCR
$2,250
Rent
$387
Cashflow
Cash Flow
$2,250 income − $1,863 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,250
Total Expenses
$1,863
Mortgage P&I
53%
$1,184
Property Taxes
1%
$20
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0