This property could be a profitable Long-Term investment with a projected 11.9% first-year return on $37,800 initial cash invested.
11.9%
Cash On Cash
9.87%
Cap Rate
1.48
DSCR
$2,070
Rent
$375
Cashflow
Cash Flow
$2,070 income − $1,695 expenses = $375 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,070
Total Expenses
$1,695
Mortgage P&I
48%
$1,001
Property Taxes
4%
$92
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0