This property could be a profitable Long-Term investment with a projected 34.55% first-year return on $36,708 initial cash invested.
34.55%
Cash On Cash
14.66%
Cap Rate
2.28
DSCR
$2,860
Rent
$1,057
Cashflow
Cash Flow
$2,860 income − $1,803 expenses = $1,057 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,860
Total Expenses
$1,803
Mortgage P&I
33%
$935
Property Taxes
2%
$59
Home Insurance
2%
$65
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0