This property could be a profitable Long-Term investment with a projected 10.11% first-year return on $32,655 initial cash invested.
10.11%
Cash On Cash
9.41%
Cap Rate
1.42
DSCR
$1,725
Rent
$275
Cashflow
Cash Flow
$1,725 income − $1,450 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,655
Downpayment
20%
$31,100
Closing costs
1%
$1,555
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,725
Total Expenses
$1,450
Mortgage P&I
50%
$859
Property Taxes
5%
$91
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0