This property could be a profitable Long-Term investment with a projected 12.87% first-year return on $24,612 initial cash invested.
12.87%
Cash On Cash
10.19%
Cap Rate
1.52
DSCR
$1,546
Rent
$264
Cashflow
Cash Flow
$1,546 income − $1,282 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$117k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,612
Downpayment
20%
$23,440
Closing costs
1%
$1,172
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,546
Total Expenses
$1,282
Mortgage P&I
42%
$654
Property Taxes
12%
$182
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0