This property could be a profitable Long-Term investment with a projected 19.63% first-year return on $16,569 initial cash invested.
19.63%
Cash On Cash
11.59%
Cap Rate
1.78
DSCR
$1,249
Rent
$271
Cashflow
Cash Flow
$1,249 income − $978 expenses = $271 cash flow
Investment Breakdown
|
Purchase Price
$78,900
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,569
Downpayment
20%
$15,780
Closing costs
1%
$789
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,249
Total Expenses
$978
Mortgage P&I
34%
$429
Property Taxes
13%
$165
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0