This property could be a profitable Long-Term investment with a projected 10.07% first-year return on $25,620 initial cash invested.
10.07%
Cash On Cash
9.06%
Cap Rate
1.43
DSCR
$1,263
Rent
$215
Cashflow
Cash Flow
$1,263 income − $1,048 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,620
Downpayment
20%
$24,400
Closing costs
1%
$1,220
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,263
Total Expenses
$1,048
Mortgage P&I
51%
$643
Property Taxes
3%
$34
Home Insurance
3%
$43
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0