This property could be a profitable Long-Term investment with a projected 16.41% first-year return on $25,011 initial cash invested.
16.41%
Cash On Cash
10.93%
Cap Rate
1.65
DSCR
$1,740
Rent
$342
Cashflow
Cash Flow
$1,740 income − $1,398 expenses = $342 cash flow
Investment Breakdown
|
Purchase Price
$119k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,011
Downpayment
20%
$23,820
Closing costs
1%
$1,191
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,740
Total Expenses
$1,398
Mortgage P&I
38%
$656
Property Taxes
15%
$269
Home Insurance
1%
$21
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0