This property could be a profitable Long-Term investment with a projected 12.72% first-year return on $69,426 initial cash invested.
12.72%
Cash On Cash
9.95%
Cap Rate
1.52
DSCR
$4,104
Rent
$736
Cashflow
Cash Flow
$4,104 income − $3,368 expenses = $736 cash flow
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,426
Downpayment
20%
$66,120
Closing costs
1%
$3,306
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,104
Total Expenses
$3,368
Mortgage P&I
44%
$1,800
Property Taxes
9%
$384
Home Insurance
3%
$118
HOA
0%
$0
Property Management
10%
$410
CapEx
5%
$205
Vacancy
6%
$246
Maintenance
5%
$205
Other
0%
$0