This property could be a profitable Long-Term investment with a projected 17.81% first-year return on $26,607 initial cash invested.
17.81%
Cash On Cash
11.27%
Cap Rate
1.69
DSCR
$1,806
Rent
$395
Cashflow
Cash Flow
$1,806 income − $1,411 expenses = $395 cash flow
Investment Breakdown
|
Purchase Price
$127k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,607
Downpayment
20%
$25,340
Closing costs
1%
$1,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,806
Total Expenses
$1,411
Mortgage P&I
39%
$705
Property Taxes
10%
$185
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0