This property could be a profitable Long-Term investment with a projected 25.83% first-year return on $27,132 initial cash invested.
25.83%
Cash On Cash
12.97%
Cap Rate
1.96
DSCR
$2,016
Rent
$584
Cashflow
Cash Flow
$2,016 income − $1,432 expenses = $584 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,132
Downpayment
20%
$25,840
Closing costs
1%
$1,292
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,016
Total Expenses
$1,432
Mortgage P&I
35%
$711
Property Taxes
7%
$137
Home Insurance
3%
$59
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0