123 Main St
- Purchase
- $220k
- Rent
- $2,400/mo
- Cash flow
- $509/mo
- CoC return
- 13.0%
USD assumptions: 20% down ($44k) + $3k closing; $0 rehab. $176k loan at 7% for 30 years. 5% vacancy; $600/mo operating costs ($250 tax, $100 insurance, $150 management, $100 routine maintenance). Cash invested: $47k. Pretax; excludes major capital work, appreciation and sale costs.