This property could be a profitable Long-Term investment with a projected 25.73% first-year return on $31,710 initial cash invested.
25.73%
Cash On Cash
12.49%
Cap Rate
2.01
DSCR
$2,167
Rent
$680
Cashflow
Cash Flow
$2,167 income − $1,487 expenses = $680 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,710
Downpayment
20%
$30,200
Closing costs
1%
$1,510
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,167
Total Expenses
$1,487
Mortgage P&I
36%
$784
Property Taxes
4%
$87
Home Insurance
2%
$53
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0