This property could be a profitable Long-Term investment with a projected 13.69% first-year return on $36,540 initial cash invested.
13.69%
Cash On Cash
10.11%
Cap Rate
1.57
DSCR
$2,310
Rent
$417
Cashflow
Cash Flow
$2,310 income − $1,893 expenses = $417 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,540
Downpayment
20%
$34,800
Closing costs
1%
$1,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,310
Total Expenses
$1,893
Mortgage P&I
40%
$933
Property Taxes
5%
$116
Home Insurance
8%
$192
HOA
2%
$50
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0