This property could be a profitable Long-Term investment with a projected 15.32% first-year return on $30,870 initial cash invested.
15.32%
Cash On Cash
10.42%
Cap Rate
1.61
DSCR
$1,822
Rent
$394
Cashflow
Cash Flow
$1,822 income − $1,428 expenses = $394 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,870
Downpayment
20%
$29,400
Closing costs
1%
$1,470
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,822
Total Expenses
$1,428
Mortgage P&I
43%
$792
Property Taxes
6%
$111
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0