This property could be a profitable Long-Term investment with a projected 14.06% first-year return on $29,526 initial cash invested.
14.06%
Cash On Cash
10.15%
Cap Rate
1.57
DSCR
$1,713
Rent
$346
Cashflow
Cash Flow
$1,713 income − $1,367 expenses = $346 cash flow
Investment Breakdown
|
Purchase Price
$141k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,526
Downpayment
20%
$28,120
Closing costs
1%
$1,406
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,713
Total Expenses
$1,367
Mortgage P&I
44%
$757
Property Taxes
7%
$113
Home Insurance
3%
$51
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0