This property could be a profitable Long-Term investment with a projected 30.39% first-year return on $39,879 initial cash invested.
30.39%
Cash On Cash
13.79%
Cap Rate
2.13
DSCR
$2,982
Rent
$1,010
Cashflow
Cash Flow
$2,982 income − $1,972 expenses = $1,010 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,982
Total Expenses
$1,972
Mortgage P&I
34%
$1,023
Property Taxes
4%
$108
Home Insurance
2%
$66
HOA
0%
$0
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0