This property could be a profitable Long-Term investment with a projected 32.72% first-year return on $28,350 initial cash invested.
32.72%
Cash On Cash
14.06%
Cap Rate
2.25
DSCR
$2,135
Rent
$773
Cashflow
Cash Flow
$2,135 income − $1,362 expenses = $773 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,135
Total Expenses
$1,362
Mortgage P&I
33%
$702
Property Taxes
3%
$57
Home Insurance
2%
$47
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0