This property could be a profitable Long-Term investment with a projected 14.95% first-year return on $22,953 initial cash invested.
14.95%
Cash On Cash
10.63%
Cap Rate
1.58
DSCR
$1,374
Rent
$286
Cashflow
Cash Flow
$1,374 income − $1,088 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$109k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,953
Downpayment
20%
$21,860
Closing costs
1%
$1,093
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,374
Total Expenses
$1,088
Mortgage P&I
45%
$613
Property Taxes
4%
$55
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0