This property could be a profitable Long-Term investment with a projected 16.07% first-year return on $17,850 initial cash invested.
16.07%
Cash On Cash
10.94%
Cap Rate
1.61
DSCR
$1,127
Rent
$239
Cashflow
Cash Flow
$1,127 income − $888 expenses = $239 cash flow
Investment Breakdown
|
Purchase Price
$85,000
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,850
Downpayment
20%
$17,000
Closing costs
1%
$850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,127
Total Expenses
$888
Mortgage P&I
43%
$480
Property Taxes
8%
$85
Home Insurance
3%
$30
HOA
0%
$0
Property Management
10%
$113
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0