This property could be a profitable Long-Term investment with a projected 12.64% first-year return on $36,750 initial cash invested.
12.64%
Cash On Cash
9.83%
Cap Rate
1.52
DSCR
$2,069
Rent
$387
Cashflow
Cash Flow
$2,069 income − $1,682 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,069
Total Expenses
$1,682
Mortgage P&I
46%
$943
Property Taxes
7%
$141
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0