This property could be a profitable Long-Term investment with a projected 12.69% first-year return on $38,115 initial cash invested.
12.69%
Cash On Cash
10.22%
Cap Rate
1.5
DSCR
$2,215
Rent
$403
Cashflow
Cash Flow
$2,215 income − $1,812 expenses = $403 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,115
Downpayment
20%
$36,300
Closing costs
1%
$1,815
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,215
Total Expenses
$1,812
Mortgage P&I
47%
$1,032
Property Taxes
6%
$138
Home Insurance
3%
$65
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0