This property could be a profitable Long-Term investment with a projected 11.27% first-year return on $64,218 initial cash invested.
11.27%
Cash On Cash
9.51%
Cap Rate
1.48
DSCR
$3,596
Rent
$603
Cashflow
Cash Flow
$3,596 income − $2,993 expenses = $603 cash flow
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,218
Downpayment
20%
$61,160
Closing costs
1%
$3,058
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,596
Total Expenses
$2,993
Mortgage P&I
46%
$1,640
Property Taxes
9%
$307
Home Insurance
3%
$110
HOA
0%
$0
Property Management
10%
$360
CapEx
5%
$180
Vacancy
6%
$216
Maintenance
5%
$180
Other
0%
$0