This property could be a profitable Long-Term investment with a projected 10.84% first-year return on $30,450 initial cash invested.
10.84%
Cash On Cash
9.35%
Cap Rate
1.46
DSCR
$1,648
Rent
$275
Cashflow
Cash Flow
$1,648 income − $1,373 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,648
Total Expenses
$1,373
Mortgage P&I
47%
$773
Property Taxes
7%
$121
Home Insurance
3%
$51
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0