This property could be a profitable Long-Term investment with a projected 15.46% first-year return on $56,490 initial cash invested.
15.46%
Cash On Cash
10.3%
Cap Rate
1.67
DSCR
$3,903
Rent
$728
Cashflow
Cash Flow
$3,903 income − $3,175 expenses = $728 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,903
Total Expenses
$3,175
Mortgage P&I
36%
$1,386
Property Taxes
17%
$681
Home Insurance
2%
$94
HOA
0%
$0
Property Management
10%
$390
CapEx
5%
$195
Vacancy
6%
$234
Maintenance
5%
$195
Other
0%
$0