This property could be a profitable Long-Term investment with a projected 11.3% first-year return on $27,510 initial cash invested.
11.3%
Cash On Cash
9.46%
Cap Rate
1.46
DSCR
$1,370
Rent
$259
Cashflow
Cash Flow
$1,370 income − $1,111 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,510
Downpayment
20%
$26,200
Closing costs
1%
$1,310
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,370
Total Expenses
$1,111
Mortgage P&I
52%
$706
Property Taxes
0%
$4
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0