This property could be a profitable Long-Term investment with a projected 19.32% first-year return on $27,510 initial cash invested.
19.32%
Cash On Cash
11.15%
Cap Rate
1.76
DSCR
$1,641
Rent
$443
Cashflow
Cash Flow
$1,641 income − $1,198 expenses = $443 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,510
Downpayment
20%
$26,200
Closing costs
1%
$1,310
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,641
Total Expenses
$1,198
Mortgage P&I
42%
$692
Property Taxes
2%
$36
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0