This property could be a profitable Long-Term investment with a projected 33.48% first-year return on $28,350 initial cash invested.
33.48%
Cash On Cash
14.63%
Cap Rate
2.22
DSCR
$2,282
Rent
$791
Cashflow
Cash Flow
$2,282 income − $1,491 expenses = $791 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,282
Total Expenses
$1,491
Mortgage P&I
32%
$741
Property Taxes
5%
$110
Home Insurance
2%
$47
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0