This property could be a profitable Long-Term investment with a projected 14.75% first-year return on $37,590 initial cash invested.
14.75%
Cash On Cash
10.46%
Cap Rate
1.57
DSCR
$2,077
Rent
$462
Cashflow
Cash Flow
$2,077 income − $1,615 expenses = $462 cash flow
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,590
Downpayment
20%
$35,800
Closing costs
1%
$1,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,077
Total Expenses
$1,615
Mortgage P&I
48%
$995
Property Taxes
1%
$16
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0