This property could be a profitable Long-Term investment with a projected 10.22% first-year return on $35,700 initial cash invested.
10.22%
Cash On Cash
9%
Cap Rate
1.48
DSCR
$2,156
Rent
$304
Cashflow
Cash Flow
$2,156 income − $1,852 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,156
Total Expenses
$1,852
Mortgage P&I
40%
$863
Property Taxes
17%
$368
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0