This property could be a profitable Long-Term investment with a projected 13.09% first-year return on $21,819 initial cash invested.
13.09%
Cash On Cash
10.09%
Cap Rate
1.52
DSCR
$1,243
Rent
$238
Cashflow
Cash Flow
$1,243 income − $1,005 expenses = $238 cash flow
Investment Breakdown
|
Purchase Price
$104k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,819
Downpayment
20%
$20,780
Closing costs
1%
$1,039
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,243
Total Expenses
$1,005
Mortgage P&I
46%
$574
Property Taxes
5%
$56
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0