This property could be a profitable Long-Term investment with a projected 16.69% first-year return on $19,845 initial cash invested.
16.69%
Cash On Cash
11.06%
Cap Rate
1.64
DSCR
$1,272
Rent
$276
Cashflow
Cash Flow
$1,272 income − $996 expenses = $276 cash flow
Investment Breakdown
|
Purchase Price
$94,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,845
Downpayment
20%
$18,900
Closing costs
1%
$945
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,272
Total Expenses
$996
Mortgage P&I
42%
$531
Property Taxes
8%
$101
Home Insurance
3%
$33
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0