This property could be a profitable Long-Term investment with a projected 27.06% first-year return on $27,846 initial cash invested.
27.06%
Cash On Cash
13.35%
Cap Rate
2.01
DSCR
$2,230
Rent
$628
Cashflow
Cash Flow
$2,230 income − $1,602 expenses = $628 cash flow
Investment Breakdown
|
Purchase Price
$133k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,846
Downpayment
20%
$26,520
Closing costs
1%
$1,326
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,230
Total Expenses
$1,602
Mortgage P&I
33%
$735
Property Taxes
10%
$223
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0