This property could be a profitable Long-Term investment with a projected 25.85% first-year return on $27,300 initial cash invested.
25.85%
Cash On Cash
13.26%
Cap Rate
1.92
DSCR
$2,021
Rent
$588
Cashflow
Cash Flow
$2,021 income − $1,433 expenses = $588 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,021
Total Expenses
$1,433
Mortgage P&I
37%
$747
Property Taxes
6%
$115
Home Insurance
2%
$46
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0