This property could be a profitable Long-Term investment with a projected 13.14% first-year return on $21,000 initial cash invested.
13.14%
Cash On Cash
10.4%
Cap Rate
1.55
DSCR
$1,571
Rent
$230
Cashflow
Cash Flow
$1,571 income − $1,341 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$100,000
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,000
Downpayment
20%
$20,000
Closing costs
1%
$1,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,571
Total Expenses
$1,341
Mortgage P&I
36%
$558
Property Taxes
22%
$339
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0