This property could be a profitable Long-Term investment with a projected 18.59% first-year return on $20,790 initial cash invested.
18.59%
Cash On Cash
11.14%
Cap Rate
1.75
DSCR
$1,415
Rent
$322
Cashflow
Cash Flow
$1,415 income − $1,093 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$99,000
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,790
Downpayment
20%
$19,800
Closing costs
1%
$990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,415
Total Expenses
$1,093
Mortgage P&I
37%
$526
Property Taxes
12%
$163
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0