This property could be a profitable Long-Term investment with a projected 16.48% first-year return on $27,384 initial cash invested.
16.48%
Cash On Cash
10.79%
Cap Rate
1.64
DSCR
$1,656
Rent
$376
Cashflow
Cash Flow
$1,656 income − $1,280 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,384
Downpayment
20%
$26,080
Closing costs
1%
$1,304
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,656
Total Expenses
$1,280
Mortgage P&I
43%
$713
Property Taxes
6%
$101
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0