This property could be a profitable Long-Term investment with a projected 10.7% first-year return on $40,614 initial cash invested.
10.7%
Cash On Cash
9.47%
Cap Rate
1.44
DSCR
$2,105
Rent
$362
Cashflow
Cash Flow
$2,105 income − $1,743 expenses = $362 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,614
Downpayment
20%
$38,680
Closing costs
1%
$1,934
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,105
Total Expenses
$1,743
Mortgage P&I
50%
$1,060
Property Taxes
3%
$58
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0