This property could be a profitable Long-Term investment with a projected 90.86% first-year return on $18,081 initial cash invested.
90.86%
Cash On Cash
27.85%
Cap Rate
4.03
DSCR
$2,661
Rent
$1,369
Cashflow
Cash Flow
$2,661 income − $1,292 expenses = $1,369 cash flow
Investment Breakdown
|
Purchase Price
$86,100
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,081
Downpayment
20%
$17,220
Closing costs
1%
$861
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,661
Total Expenses
$1,292
Mortgage P&I
19%
$496
Property Taxes
3%
$73
Home Insurance
1%
$31
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0