This property could be a profitable Long-Term investment with a projected 12.43% first-year return on $31,290 initial cash invested.
12.43%
Cash On Cash
9.95%
Cap Rate
1.5
DSCR
$1,739
Rent
$324
Cashflow
Cash Flow
$1,739 income − $1,415 expenses = $324 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,739
Total Expenses
$1,415
Mortgage P&I
47%
$825
Property Taxes
5%
$86
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0