This property could be a profitable Long-Term investment with a projected 13.53% first-year return on $96,390 initial cash invested.
13.53%
Cash On Cash
10.11%
Cap Rate
1.54
DSCR
$5,476
Rent
$1,087
Cashflow
Cash Flow
$5,476 income − $4,389 expenses = $1,087 cash flow
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,390
Downpayment
20%
$91,800
Closing costs
1%
$4,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,476
Total Expenses
$4,389
Mortgage P&I
46%
$2,507
Property Taxes
5%
$287
Home Insurance
3%
$170
HOA
0%
$0
Property Management
10%
$548
CapEx
5%
$274
Vacancy
6%
$329
Maintenance
5%
$274
Other
0%
$0