This property could be a profitable Long-Term investment with a projected 11.26% first-year return on $28,245 initial cash invested.
11.26%
Cash On Cash
9.72%
Cap Rate
1.46
DSCR
$1,588
Rent
$265
Cashflow
Cash Flow
$1,588 income − $1,323 expenses = $265 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,245
Downpayment
20%
$26,900
Closing costs
1%
$1,345
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,588
Total Expenses
$1,323
Mortgage P&I
47%
$745
Property Taxes
7%
$119
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0