This property could be a profitable Long-Term investment with a projected 11.98% first-year return on $72,996 initial cash invested.
11.98%
Cash On Cash
9.37%
Cap Rate
1.51
DSCR
$3,838
Rent
$729
Cashflow
Cash Flow
$3,838 income − $3,109 expenses = $729 cash flow
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,996
Downpayment
20%
$69,520
Closing costs
1%
$3,476
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,838
Total Expenses
$3,109
Mortgage P&I
47%
$1,794
Property Taxes
5%
$189
Home Insurance
3%
$128
HOA
0%
$0
Property Management
10%
$384
CapEx
5%
$192
Vacancy
6%
$230
Maintenance
5%
$192
Other
0%
$0