This property could be a profitable Long-Term investment with a projected 20.68% first-year return on $23,562 initial cash invested.
20.68%
Cash On Cash
11.99%
Cap Rate
1.78
DSCR
$1,675
Rent
$406
Cashflow
Cash Flow
$1,675 income − $1,269 expenses = $406 cash flow
Investment Breakdown
|
Purchase Price
$112k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,562
Downpayment
20%
$22,440
Closing costs
1%
$1,122
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,675
Total Expenses
$1,269
Mortgage P&I
38%
$631
Property Taxes
11%
$179
Home Insurance
1%
$23
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0