This property could be a profitable Long-Term investment with a projected 47.22% first-year return on $20,685 initial cash invested.
47.22%
Cash On Cash
17.95%
Cap Rate
2.68
DSCR
$2,189
Rent
$814
Cashflow
Cash Flow
$2,189 income − $1,375 expenses = $814 cash flow
Investment Breakdown
|
Purchase Price
$98,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,685
Downpayment
20%
$19,700
Closing costs
1%
$985
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,189
Total Expenses
$1,375
Mortgage P&I
25%
$550
Property Taxes
10%
$210
Home Insurance
2%
$47
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0