This property could be a profitable Long-Term investment with a projected 20.95% first-year return on $22,050 initial cash invested.
20.95%
Cash On Cash
11.71%
Cap Rate
1.8
DSCR
$1,379
Rent
$385
Cashflow
Cash Flow
$1,379 income − $994 expenses = $385 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,379
Total Expenses
$994
Mortgage P&I
41%
$571
Property Taxes
2%
$27
Home Insurance
3%
$37
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0