This property could be a profitable Long-Term investment with a projected 19.7% first-year return on $29,358 initial cash invested.
19.7%
Cash On Cash
11.11%
Cap Rate
1.82
DSCR
$2,031
Rent
$482
Cashflow
Cash Flow
$2,031 income − $1,549 expenses = $482 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,358
Downpayment
20%
$27,960
Closing costs
1%
$1,398
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,031
Total Expenses
$1,549
Mortgage P&I
35%
$710
Property Taxes
12%
$250
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0