This property could be a profitable Long-Term investment with a projected 24.49% first-year return on $35,332 initial cash invested.
24.49%
Cash On Cash
12.32%
Cap Rate
1.95
DSCR
$2,374
Rent
$721
Cashflow
Cash Flow
$2,374 income − $1,653 expenses = $721 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,332
Downpayment
20%
$33,650
Closing costs
1%
$1,682
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,374
Total Expenses
$1,653
Mortgage P&I
37%
$888
Property Taxes
4%
$89
Home Insurance
2%
$59
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0