This property could be a profitable Long-Term investment with a projected 15.54% first-year return on $32,130 initial cash invested.
15.54%
Cash On Cash
10.77%
Cap Rate
1.59
DSCR
$1,836
Rent
$416
Cashflow
Cash Flow
$1,836 income − $1,420 expenses = $416 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,130
Downpayment
20%
$30,600
Closing costs
1%
$1,530
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,836
Total Expenses
$1,420
Mortgage P&I
47%
$865
Property Taxes
1%
$23
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0