This property could be a profitable Long-Term investment with a projected 16.52% first-year return on $32,970 initial cash invested.
16.52%
Cash On Cash
10.49%
Cap Rate
1.66
DSCR
$1,890
Rent
$454
Cashflow
Cash Flow
$1,890 income − $1,436 expenses = $454 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,970
Downpayment
20%
$31,400
Closing costs
1%
$1,570
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,890
Total Expenses
$1,436
Mortgage P&I
44%
$825
Property Taxes
2%
$44
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0