This property could be a profitable Long-Term investment with a projected 31.16% first-year return on $26,880 initial cash invested.
31.16%
Cash On Cash
14.2%
Cap Rate
2.14
DSCR
$2,155
Rent
$698
Cashflow
Cash Flow
$2,155 income − $1,457 expenses = $698 cash flow
Investment Breakdown
|
Purchase Price
$128k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,880
Downpayment
20%
$25,600
Closing costs
1%
$1,280
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,155
Total Expenses
$1,457
Mortgage P&I
33%
$709
Property Taxes
7%
$142
Home Insurance
2%
$45
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0