This property could be a profitable Long-Term investment with a projected 18.72% first-year return on $30,891 initial cash invested.
18.72%
Cash On Cash
11.44%
Cap Rate
1.7
DSCR
$1,858
Rent
$482
Cashflow
Cash Flow
$1,858 income − $1,376 expenses = $482 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,891
Downpayment
20%
$29,420
Closing costs
1%
$1,471
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,858
Total Expenses
$1,376
Mortgage P&I
45%
$827
Property Taxes
2%
$36
Home Insurance
2%
$30
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0