This property could be a profitable Long-Term investment with a projected 11.43% first-year return on $25,725 initial cash invested.
11.43%
Cash On Cash
9.75%
Cap Rate
1.46
DSCR
$1,399
Rent
$245
Cashflow
Cash Flow
$1,399 income − $1,154 expenses = $245 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,725
Downpayment
20%
$24,500
Closing costs
1%
$1,225
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,399
Total Expenses
$1,154
Mortgage P&I
49%
$680
Property Taxes
5%
$75
Home Insurance
3%
$35
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0