This property could be a profitable Long-Term investment with a projected 15.33% first-year return on $33,180 initial cash invested.
15.33%
Cash On Cash
10.7%
Cap Rate
1.6
DSCR
$2,055
Rent
$424
Cashflow
Cash Flow
$2,055 income − $1,631 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,180
Downpayment
20%
$31,600
Closing costs
1%
$1,580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,055
Total Expenses
$1,631
Mortgage P&I
43%
$882
Property Taxes
8%
$159
Home Insurance
3%
$55
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0