This property could be a profitable Long-Term investment with a projected 19.97% first-year return on $30,765 initial cash invested.
19.97%
Cash On Cash
11.34%
Cap Rate
1.79
DSCR
$1,982
Rent
$512
Cashflow
Cash Flow
$1,982 income − $1,470 expenses = $512 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,765
Downpayment
20%
$29,300
Closing costs
1%
$1,465
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,982
Total Expenses
$1,470
Mortgage P&I
39%
$774
Property Taxes
7%
$132
Home Insurance
2%
$49
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0