This property could be a profitable Long-Term investment with a projected 15.14% first-year return on $33,600 initial cash invested.
15.14%
Cash On Cash
10.58%
Cap Rate
1.6
DSCR
$2,067
Rent
$424
Cashflow
Cash Flow
$2,067 income − $1,643 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,067
Total Expenses
$1,643
Mortgage P&I
43%
$883
Property Taxes
8%
$167
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0