This property could be a profitable Long-Term investment with a projected 25.47% first-year return on $18,375 initial cash invested.
25.47%
Cash On Cash
13.14%
Cap Rate
1.91
DSCR
$1,330
Rent
$390
Cashflow
Cash Flow
$1,330 income − $940 expenses = $390 cash flow
Investment Breakdown
|
Purchase Price
$87,500
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,375
Downpayment
20%
$17,500
Closing costs
1%
$875
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,330
Total Expenses
$940
Mortgage P&I
38%
$502
Property Taxes
5%
$62
Home Insurance
2%
$31
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0