This property could be a profitable Long-Term investment with a projected 35.17% first-year return on $32,550 initial cash invested.
35.17%
Cash On Cash
14.97%
Cap Rate
2.29
DSCR
$2,690
Rent
$954
Cashflow
Cash Flow
$2,690 income − $1,736 expenses = $954 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,690
Total Expenses
$1,736
Mortgage P&I
31%
$846
Property Taxes
5%
$138
Home Insurance
2%
$54
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0