This property could be a profitable Long-Term investment with a projected 24.87% first-year return on $30,009 initial cash invested.
24.87%
Cash On Cash
12.77%
Cap Rate
1.93
DSCR
$2,188
Rent
$622
Cashflow
Cash Flow
$2,188 income − $1,566 expenses = $622 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,009
Downpayment
20%
$28,580
Closing costs
1%
$1,429
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,188
Total Expenses
$1,566
Mortgage P&I
36%
$790
Property Taxes
7%
$145
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0