This property could be a profitable Long-Term investment with a projected 14.97% first-year return on $87,990 initial cash invested.
14.97%
Cash On Cash
10.51%
Cap Rate
1.6
DSCR
$5,601
Rent
$1,098
Cashflow
Cash Flow
$5,601 income − $4,503 expenses = $1,098 cash flow
Investment Breakdown
|
Purchase Price
$419k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,990
Downpayment
20%
$83,800
Closing costs
1%
$4,190
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,601
Total Expenses
$4,503
Mortgage P&I
41%
$2,292
Property Taxes
11%
$608
Home Insurance
3%
$147
HOA
0%
$0
Property Management
10%
$560
CapEx
5%
$280
Vacancy
6%
$336
Maintenance
5%
$280
Other
0%
$0