This property could be a profitable Long-Term investment with a projected 22.84% first-year return on $38,514 initial cash invested.
22.84%
Cash On Cash
12.47%
Cap Rate
1.88
DSCR
$3,214
Rent
$733
Cashflow
Cash Flow
$3,214 income − $2,481 expenses = $733 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,514
Downpayment
20%
$36,680
Closing costs
1%
$1,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,214
Total Expenses
$2,481
Mortgage P&I
31%
$1,012
Property Taxes
18%
$584
Home Insurance
2%
$49
HOA
0%
$0
Property Management
10%
$321
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0