This property could be a profitable Long-Term investment with a projected 12.79% first-year return on $43,449 initial cash invested.
12.79%
Cash On Cash
10.03%
Cap Rate
1.52
DSCR
$2,555
Rent
$463
Cashflow
Cash Flow
$2,555 income − $2,092 expenses = $463 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,449
Downpayment
20%
$41,380
Closing costs
1%
$2,069
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,555
Total Expenses
$2,092
Mortgage P&I
45%
$1,139
Property Taxes
8%
$208
Home Insurance
3%
$80
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0