This property could be a profitable Long-Term investment with a projected 10.83% first-year return on $28,371 initial cash invested.
10.83%
Cash On Cash
9.77%
Cap Rate
1.44
DSCR
$1,585
Rent
$256
Cashflow
Cash Flow
$1,585 income − $1,329 expenses = $256 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,371
Downpayment
20%
$27,020
Closing costs
1%
$1,351
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,585
Total Expenses
$1,329
Mortgage P&I
48%
$765
Property Taxes
4%
$71
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0