This property could be a profitable Long-Term investment with a projected 23.02% first-year return on $23,352 initial cash invested.
23.02%
Cash On Cash
12.53%
Cap Rate
1.85
DSCR
$1,677
Rent
$448
Cashflow
Cash Flow
$1,677 income − $1,229 expenses = $448 cash flow
Investment Breakdown
|
Purchase Price
$111k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,352
Downpayment
20%
$22,240
Closing costs
1%
$1,112
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,677
Total Expenses
$1,229
Mortgage P&I
38%
$629
Property Taxes
6%
$107
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0