This property could be a profitable Long-Term investment with a projected 21.23% first-year return on $19,446 initial cash invested.
21.23%
Cash On Cash
11.69%
Cap Rate
1.84
DSCR
$1,375
Rent
$344
Cashflow
Cash Flow
$1,375 income − $1,031 expenses = $344 cash flow
Investment Breakdown
|
Purchase Price
$92,600
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,446
Downpayment
20%
$18,520
Closing costs
1%
$926
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,375
Total Expenses
$1,031
Mortgage P&I
36%
$489
Property Taxes
11%
$146
Home Insurance
3%
$38
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0