This property could be a profitable Long-Term investment with a projected 24.72% first-year return on $19,950 initial cash invested.
24.72%
Cash On Cash
12.61%
Cap Rate
1.94
DSCR
$1,464
Rent
$411
Cashflow
Cash Flow
$1,464 income − $1,053 expenses = $411 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,464
Total Expenses
$1,053
Mortgage P&I
35%
$514
Property Taxes
9%
$126
Home Insurance
2%
$33
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0