This property could be a profitable Long-Term investment with a projected 18.42% first-year return on $73,815 initial cash invested.
18.42%
Cash On Cash
11.08%
Cap Rate
1.72
DSCR
$4,622
Rent
$1,133
Cashflow
Cash Flow
$4,622 income − $3,489 expenses = $1,133 cash flow
Investment Breakdown
|
Purchase Price
$352k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,815
Downpayment
20%
$70,300
Closing costs
1%
$3,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,622
Total Expenses
$3,489
Mortgage P&I
41%
$1,882
Property Taxes
5%
$242
Home Insurance
4%
$164
HOA
0%
$0
Property Management
10%
$462
CapEx
5%
$231
Vacancy
6%
$277
Maintenance
5%
$231
Other
0%
$0