This property could be a profitable Long-Term investment with a projected 10.79% first-year return on $24,906 initial cash invested.
10.79%
Cash On Cash
9.28%
Cap Rate
1.46
DSCR
$1,339
Rent
$224
Cashflow
Cash Flow
$1,339 income − $1,115 expenses = $224 cash flow
Investment Breakdown
|
Purchase Price
$119k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,906
Downpayment
20%
$23,720
Closing costs
1%
$1,186
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,339
Total Expenses
$1,115
Mortgage P&I
47%
$626
Property Taxes
3%
$43
Home Insurance
7%
$98
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0