This property could be a profitable Long-Term investment with a projected 12.58% first-year return on $28,329 initial cash invested.
12.58%
Cash On Cash
10.19%
Cap Rate
1.52
DSCR
$1,904
Rent
$297
Cashflow
Cash Flow
$1,904 income − $1,607 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,904
Total Expenses
$1,607
Mortgage P&I
40%
$754
Property Taxes
16%
$312
Home Insurance
2%
$47
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0