This property could be a profitable Long-Term investment with a projected 12.65% first-year return on $23,520 initial cash invested.
12.65%
Cash On Cash
10.32%
Cap Rate
1.5
DSCR
$1,451
Rent
$248
Cashflow
Cash Flow
$1,451 income − $1,203 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$112k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,520
Downpayment
20%
$22,400
Closing costs
1%
$1,120
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,451
Total Expenses
$1,203
Mortgage P&I
44%
$642
Property Taxes
10%
$144
Home Insurance
3%
$39
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0