This property could be a profitable Long-Term investment with a projected 20.02% first-year return on $39,501 initial cash invested.
20.02%
Cash On Cash
11.44%
Cap Rate
1.77
DSCR
$2,475
Rent
$659
Cashflow
Cash Flow
$2,475 income − $1,816 expenses = $659 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,501
Downpayment
20%
$37,620
Closing costs
1%
$1,881
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,475
Total Expenses
$1,816
Mortgage P&I
41%
$1,011
Property Taxes
4%
$95
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0