This property could be a profitable Long-Term investment with a projected 12.47% first-year return on $24,150 initial cash invested.
12.47%
Cash On Cash
10.15%
Cap Rate
1.51
DSCR
$1,556
Rent
$251
Cashflow
Cash Flow
$1,556 income − $1,305 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$115k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,150
Downpayment
20%
$23,000
Closing costs
1%
$1,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,556
Total Expenses
$1,305
Mortgage P&I
41%
$644
Property Taxes
14%
$216
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0