This property could be a profitable Long-Term investment with a projected 13.48% first-year return on $39,879 initial cash invested.
13.48%
Cash On Cash
9.95%
Cap Rate
1.55
DSCR
$2,189
Rent
$448
Cashflow
Cash Flow
$2,189 income − $1,741 expenses = $448 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,189
Total Expenses
$1,741
Mortgage P&I
47%
$1,018
Property Taxes
4%
$89
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0