This property could be a profitable Long-Term investment with a projected 11.51% first-year return on $114k initial cash invested.
11.51%
Cash On Cash
9.18%
Cap Rate
1.49
DSCR
$5,574
Rent
$1,097
Cashflow
Cash Flow
$5,574 income − $4,477 expenses = $1,097 cash flow
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,444
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,574
Total Expenses
$4,477
Mortgage P&I
50%
$2,789
Property Taxes
1%
$49
Home Insurance
3%
$190
HOA
0%
$0
Property Management
10%
$557
CapEx
5%
$279
Vacancy
6%
$334
Maintenance
5%
$279
Other
0%
$0