This property could be a profitable Long-Term investment with a projected 14.43% first-year return on $28,350 initial cash invested.
14.43%
Cash On Cash
9.9%
Cap Rate
1.6
DSCR
$1,546
Rent
$341
Cashflow
Cash Flow
$1,546 income − $1,205 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,546
Total Expenses
$1,205
Mortgage P&I
45%
$696
Property Taxes
4%
$60
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0