This property could be a profitable Long-Term investment with a projected 11.5% first-year return on $33,600 initial cash invested.
11.5%
Cash On Cash
9.83%
Cap Rate
1.46
DSCR
$1,889
Rent
$322
Cashflow
Cash Flow
$1,889 income − $1,567 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,889
Total Expenses
$1,567
Mortgage P&I
47%
$895
Property Taxes
7%
$126
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0