This property could be a profitable Long-Term investment with a projected 25.02% first-year return on $24,843 initial cash invested.
25.02%
Cash On Cash
12.43%
Cap Rate
1.97
DSCR
$1,700
Rent
$518
Cashflow
Cash Flow
$1,700 income − $1,182 expenses = $518 cash flow
Investment Breakdown
|
Purchase Price
$118k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,843
Downpayment
20%
$23,660
Closing costs
1%
$1,183
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,700
Total Expenses
$1,182
Mortgage P&I
37%
$622
Property Taxes
4%
$76
Home Insurance
2%
$42
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0