This property could be a profitable Long-Term investment with a projected 19.57% first-year return on $29,190 initial cash invested.
19.57%
Cash On Cash
11.34%
Cap Rate
1.75
DSCR
$1,764
Rent
$476
Cashflow
Cash Flow
$1,764 income − $1,288 expenses = $476 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,190
Downpayment
20%
$27,800
Closing costs
1%
$1,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,764
Total Expenses
$1,288
Mortgage P&I
42%
$749
Property Taxes
2%
$32
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0