This property could be a profitable Long-Term investment with a projected 15.09% first-year return on $29,190 initial cash invested.
15.09%
Cash On Cash
10.62%
Cap Rate
1.61
DSCR
$1,972
Rent
$367
Cashflow
Cash Flow
$1,972 income − $1,605 expenses = $367 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,190
Downpayment
20%
$27,800
Closing costs
1%
$1,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,972
Total Expenses
$1,605
Mortgage P&I
39%
$764
Property Taxes
14%
$279
Home Insurance
2%
$49
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$99
Vacancy
6%
$118
Maintenance
5%
$99
Other
0%
$0