This property could be a profitable Long-Term investment with a projected 30.5% first-year return on $19,908 initial cash invested.
30.5%
Cash On Cash
14%
Cap Rate
2.14
DSCR
$1,675
Rent
$506
Cashflow
Cash Flow
$1,675 income − $1,169 expenses = $506 cash flow
Investment Breakdown
|
Purchase Price
$94,800
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,908
Downpayment
20%
$18,960
Closing costs
1%
$948
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,675
Total Expenses
$1,169
Mortgage P&I
31%
$516
Property Taxes
8%
$138
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0