This property could be a profitable Long-Term investment with a projected 18.36% first-year return on $23,919 initial cash invested.
18.36%
Cash On Cash
11.24%
Cap Rate
1.73
DSCR
$1,660
Rent
$366
Cashflow
Cash Flow
$1,660 income − $1,294 expenses = $366 cash flow
Investment Breakdown
|
Purchase Price
$114k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,919
Downpayment
20%
$22,780
Closing costs
1%
$1,139
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,660
Total Expenses
$1,294
Mortgage P&I
37%
$618
Property Taxes
11%
$188
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0