This property could be a profitable Long-Term investment with a projected 15.66% first-year return on $38,241 initial cash invested.
15.66%
Cash On Cash
10.14%
Cap Rate
1.66
DSCR
$2,271
Rent
$499
Cashflow
Cash Flow
$2,271 income − $1,772 expenses = $499 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,241
Downpayment
20%
$36,420
Closing costs
1%
$1,821
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$1,772
Mortgage P&I
41%
$925
Property Taxes
9%
$193
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0