This property could be a profitable Long-Term investment with a projected 10.65% first-year return on $40,446 initial cash invested.
10.65%
Cash On Cash
9.27%
Cap Rate
1.47
DSCR
$2,271
Rent
$359
Cashflow
Cash Flow
$2,271 income − $1,912 expenses = $359 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,446
Downpayment
20%
$38,520
Closing costs
1%
$1,926
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$1,912
Mortgage P&I
45%
$1,015
Property Taxes
12%
$282
Home Insurance
1%
$24
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0