This property could be a profitable Long-Term investment with a projected 12.67% first-year return on $47,250 initial cash invested.
12.67%
Cash On Cash
9.41%
Cap Rate
1.55
DSCR
$2,470
Rent
$499
Cashflow
Cash Flow
$2,470 income − $1,971 expenses = $499 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,470
Total Expenses
$1,971
Mortgage P&I
46%
$1,142
Property Taxes
3%
$74
Home Insurance
3%
$79
HOA
1%
$33
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0