This property could be a profitable Long-Term investment with a projected 38.22% first-year return on $26,250 initial cash invested.
38.22%
Cash On Cash
15.64%
Cap Rate
2.39
DSCR
$2,234
Rent
$836
Cashflow
Cash Flow
$2,234 income − $1,398 expenses = $836 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,234
Total Expenses
$1,398
Mortgage P&I
30%
$681
Property Taxes
4%
$92
Home Insurance
2%
$44
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0