This property could be a profitable Long-Term investment with a projected 21.9% first-year return on $22,407 initial cash invested.
21.9%
Cash On Cash
11.97%
Cap Rate
1.87
DSCR
$1,704
Rent
$409
Cashflow
Cash Flow
$1,704 income − $1,295 expenses = $409 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,407
Downpayment
20%
$21,340
Closing costs
1%
$1,067
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,704
Total Expenses
$1,295
Mortgage P&I
33%
$570
Property Taxes
16%
$267
Home Insurance
1%
$16
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0