This property could be a profitable Long-Term investment with a projected 13.98% first-year return on $29,442 initial cash invested.
13.98%
Cash On Cash
10.24%
Cap Rate
1.56
DSCR
$1,721
Rent
$343
Cashflow
Cash Flow
$1,721 income − $1,378 expenses = $343 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,442
Downpayment
20%
$28,040
Closing costs
1%
$1,402
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,721
Total Expenses
$1,378
Mortgage P&I
45%
$767
Property Taxes
7%
$113
Home Insurance
3%
$51
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0