This property could be a profitable Long-Term investment with a projected 10.98% first-year return on $37,254 initial cash invested.
10.98%
Cash On Cash
9.25%
Cap Rate
1.47
DSCR
$1,906
Rent
$341
Cashflow
Cash Flow
$1,906 income − $1,565 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,254
Downpayment
20%
$35,480
Closing costs
1%
$1,774
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,906
Total Expenses
$1,565
Mortgage P&I
49%
$932
Property Taxes
4%
$82
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0