This property could be a profitable Long-Term investment with a projected 11.03% first-year return on $25,578 initial cash invested.
11.03%
Cash On Cash
9.13%
Cap Rate
1.5
DSCR
$1,475
Rent
$235
Cashflow
Cash Flow
$1,475 income − $1,240 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,578
Downpayment
20%
$24,360
Closing costs
1%
$1,218
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,475
Total Expenses
$1,240
Mortgage P&I
42%
$618
Property Taxes
14%
$203
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0