This property could be a profitable Long-Term investment with a projected 11.48% first-year return on $29,379 initial cash invested.
11.48%
Cash On Cash
9.8%
Cap Rate
1.46
DSCR
$1,564
Rent
$281
Cashflow
Cash Flow
$1,564 income − $1,283 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,379
Downpayment
20%
$27,980
Closing costs
1%
$1,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,564
Total Expenses
$1,283
Mortgage P&I
50%
$784
Property Taxes
3%
$44
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0