This property could be a profitable Long-Term investment with a projected 10.21% first-year return on $41,979 initial cash invested.
10.21%
Cash On Cash
9.53%
Cap Rate
1.44
DSCR
$2,554
Rent
$357
Cashflow
Cash Flow
$2,554 income − $2,197 expenses = $357 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,554
Total Expenses
$2,197
Mortgage P&I
43%
$1,103
Property Taxes
14%
$360
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0