This property could be a profitable Long-Term investment with a projected 10.94% first-year return on $16,779 initial cash invested.
10.94%
Cash On Cash
9.81%
Cap Rate
1.46
DSCR
$1,077
Rent
$153
Cashflow
Cash Flow
$1,077 income − $924 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,077
Total Expenses
$924
Mortgage P&I
41%
$446
Property Taxes
16%
$169
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$108
CapEx
5%
$54
Vacancy
6%
$65
Maintenance
5%
$54
Other
0%
$0