This property could be a profitable Long-Term investment with a projected 21.99% first-year return on $18,879 initial cash invested.
21.99%
Cash On Cash
12.12%
Cap Rate
1.83
DSCR
$1,336
Rent
$346
Cashflow
Cash Flow
$1,336 income − $990 expenses = $346 cash flow
Investment Breakdown
|
Purchase Price
$89,900
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,879
Downpayment
20%
$17,980
Closing costs
1%
$899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,336
Total Expenses
$990
Mortgage P&I
37%
$495
Property Taxes
7%
$96
Home Insurance
2%
$32
HOA
1%
$19
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0