This property could be a profitable Long-Term investment with a projected 18.16% first-year return on $30,786 initial cash invested.
18.16%
Cash On Cash
10.89%
Cap Rate
1.75
DSCR
$2,068
Rent
$466
Cashflow
Cash Flow
$2,068 income − $1,602 expenses = $466 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,786
Downpayment
20%
$29,320
Closing costs
1%
$1,466
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,068
Total Expenses
$1,602
Mortgage P&I
37%
$761
Property Taxes
13%
$260
Home Insurance
2%
$44
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0