This property could be a profitable Long-Term investment with a projected 10.61% first-year return on $31,794 initial cash invested.
10.61%
Cash On Cash
9.11%
Cap Rate
1.46
DSCR
$1,650
Rent
$281
Cashflow
Cash Flow
$1,650 income − $1,369 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,794
Downpayment
20%
$30,280
Closing costs
1%
$1,514
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,650
Total Expenses
$1,369
Mortgage P&I
48%
$786
Property Taxes
6%
$101
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0