This property could be a profitable Long-Term investment with a projected 12.58% first-year return on $24,612 initial cash invested.
12.58%
Cash On Cash
10.15%
Cap Rate
1.53
DSCR
$1,708
Rent
$258
Cashflow
Cash Flow
$1,708 income − $1,450 expenses = $258 cash flow
Investment Breakdown
|
Purchase Price
$117k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,612
Downpayment
20%
$23,440
Closing costs
1%
$1,172
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,708
Total Expenses
$1,450
Mortgage P&I
38%
$648
Property Taxes
17%
$296
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0