This property could be a profitable Long-Term investment with a projected 16.14% first-year return on $38,955 initial cash invested.
16.14%
Cash On Cash
10.39%
Cap Rate
1.66
DSCR
$2,235
Rent
$524
Cashflow
Cash Flow
$2,235 income − $1,711 expenses = $524 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,955
Downpayment
20%
$37,100
Closing costs
1%
$1,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,235
Total Expenses
$1,711
Mortgage P&I
43%
$970
Property Taxes
4%
$93
Home Insurance
3%
$66
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0