This property could be a profitable Long-Term investment with a projected 26.61% first-year return on $17,136 initial cash invested.
26.61%
Cash On Cash
12.84%
Cap Rate
2.03
DSCR
$1,267
Rent
$380
Cashflow
Cash Flow
$1,267 income − $887 expenses = $380 cash flow
Investment Breakdown
|
Purchase Price
$81,600
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,136
Downpayment
20%
$16,320
Closing costs
1%
$816
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,267
Total Expenses
$887
Mortgage P&I
34%
$430
Property Taxes
7%
$92
Home Insurance
3%
$36
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0