This property could be a profitable Long-Term investment with a projected 12.32% first-year return on $34,965 initial cash invested.
12.32%
Cash On Cash
9.81%
Cap Rate
1.52
DSCR
$2,146
Rent
$359
Cashflow
Cash Flow
$2,146 income − $1,787 expenses = $359 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,965
Downpayment
20%
$33,300
Closing costs
1%
$1,665
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,146
Total Expenses
$1,787
Mortgage P&I
42%
$895
Property Taxes
13%
$276
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0