This property could be a profitable Long-Term investment with a projected 13.02% first-year return on $23,499 initial cash invested.
13.02%
Cash On Cash
10.1%
Cap Rate
1.51
DSCR
$1,284
Rent
$255
Cashflow
Cash Flow
$1,284 income − $1,029 expenses = $255 cash flow
Investment Breakdown
|
Purchase Price
$112k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,499
Downpayment
20%
$22,380
Closing costs
1%
$1,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,284
Total Expenses
$1,029
Mortgage P&I
49%
$623
Property Taxes
4%
$47
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0