This property could be a profitable Long-Term investment with a projected 13.73% first-year return on $36,708 initial cash invested.
13.73%
Cash On Cash
9.8%
Cap Rate
1.58
DSCR
$2,063
Rent
$420
Cashflow
Cash Flow
$2,063 income − $1,643 expenses = $420 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,063
Total Expenses
$1,643
Mortgage P&I
44%
$905
Property Taxes
7%
$153
Home Insurance
2%
$49
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0