This property could be a profitable Long-Term investment with a projected 10.62% first-year return on $35,154 initial cash invested.
10.62%
Cash On Cash
9.55%
Cap Rate
1.44
DSCR
$1,853
Rent
$311
Cashflow
Cash Flow
$1,853 income − $1,542 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,154
Downpayment
20%
$33,480
Closing costs
1%
$1,674
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,853
Total Expenses
$1,542
Mortgage P&I
50%
$928
Property Taxes
5%
$92
Home Insurance
2%
$40
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0