This property could be a profitable Long-Term investment with a projected 17.14% first-year return on $27,090 initial cash invested.
17.14%
Cash On Cash
11.14%
Cap Rate
1.65
DSCR
$1,677
Rent
$387
Cashflow
Cash Flow
$1,677 income − $1,290 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,090
Downpayment
20%
$25,800
Closing costs
1%
$1,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,677
Total Expenses
$1,290
Mortgage P&I
43%
$727
Property Taxes
5%
$77
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0