This property could be a profitable Long-Term investment with a projected 11.81% first-year return on $38,220 initial cash invested.
11.81%
Cash On Cash
9.78%
Cap Rate
1.47
DSCR
$2,017
Rent
$376
Cashflow
Cash Flow
$2,017 income − $1,641 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,220
Downpayment
20%
$36,400
Closing costs
1%
$1,820
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,017
Total Expenses
$1,641
Mortgage P&I
50%
$1,006
Property Taxes
2%
$46
Home Insurance
3%
$64
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0