This property could be a profitable Long-Term investment with a projected 16.84% first-year return on $27,300 initial cash invested.
16.84%
Cash On Cash
10.81%
Cap Rate
1.65
DSCR
$1,572
Rent
$383
Cashflow
Cash Flow
$1,572 income − $1,189 expenses = $383 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,572
Total Expenses
$1,189
Mortgage P&I
45%
$709
Property Taxes
2%
$25
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0