This property could be a profitable Long-Term investment with a projected 18.42% first-year return on $46,200 initial cash invested.
18.42%
Cash On Cash
11.12%
Cap Rate
1.76
DSCR
$3,379
Rent
$709
Cashflow
Cash Flow
$3,379 income − $2,670 expenses = $709 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,200
Downpayment
20%
$44,000
Closing costs
1%
$2,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,379
Total Expenses
$2,670
Mortgage P&I
34%
$1,161
Property Taxes
16%
$553
Home Insurance
2%
$77
HOA
0%
$0
Property Management
10%
$338
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0