This property could be a profitable Long-Term investment with a projected 20.4% first-year return on $37,170 initial cash invested.
20.4%
Cash On Cash
11.67%
Cap Rate
1.78
DSCR
$2,440
Rent
$632
Cashflow
Cash Flow
$2,440 income − $1,808 expenses = $632 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,170
Downpayment
20%
$35,400
Closing costs
1%
$1,770
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,440
Total Expenses
$1,808
Mortgage P&I
40%
$968
Property Taxes
4%
$101
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0