This property could be a profitable Long-Term investment with a projected 17.51% first-year return on $33,579 initial cash invested.
17.51%
Cash On Cash
11.15%
Cap Rate
1.66
DSCR
$2,047
Rent
$490
Cashflow
Cash Flow
$2,047 income − $1,557 expenses = $490 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,047
Total Expenses
$1,557
Mortgage P&I
44%
$894
Property Taxes
4%
$75
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0