This property could be a profitable Long-Term investment with a projected 13.1% first-year return on $27,489 initial cash invested.
13.1%
Cash On Cash
10.22%
Cap Rate
1.52
DSCR
$1,660
Rent
$300
Cashflow
Cash Flow
$1,660 income − $1,360 expenses = $300 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,489
Downpayment
20%
$26,180
Closing costs
1%
$1,309
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,660
Total Expenses
$1,360
Mortgage P&I
44%
$732
Property Taxes
8%
$138
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0