This property could be a profitable Long-Term investment with a projected 40.54% first-year return on $28,329 initial cash invested.
40.54%
Cash On Cash
16.18%
Cap Rate
2.49
DSCR
$2,627
Rent
$957
Cashflow
Cash Flow
$2,627 income − $1,670 expenses = $957 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,627
Total Expenses
$1,670
Mortgage P&I
28%
$731
Property Taxes
8%
$210
Home Insurance
2%
$46
HOA
0%
$0
Property Management
10%
$263
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0