This property could be a profitable Long-Term investment with a projected 12.64% first-year return on $23,730 initial cash invested.
12.64%
Cash On Cash
10.1%
Cap Rate
1.51
DSCR
$1,412
Rent
$250
Cashflow
Cash Flow
$1,412 income − $1,162 expenses = $250 cash flow
Investment Breakdown
|
Purchase Price
$113k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,730
Downpayment
20%
$22,600
Closing costs
1%
$1,130
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,412
Total Expenses
$1,162
Mortgage P&I
45%
$630
Property Taxes
9%
$120
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0