This property could be a profitable Long-Term investment with a projected 10.03% first-year return on $28,350 initial cash invested.
10.03%
Cash On Cash
9.48%
Cap Rate
1.41
DSCR
$1,479
Rent
$237
Cashflow
Cash Flow
$1,479 income − $1,242 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,479
Total Expenses
$1,242
Mortgage P&I
51%
$755
Property Taxes
4%
$55
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0