This property could be a profitable Long-Term investment with a projected 72.83% first-year return on $17,745 initial cash invested.
72.83%
Cash On Cash
23.19%
Cap Rate
3.69
DSCR
$2,276
Rent
$1,077
Cashflow
Cash Flow
$2,276 income − $1,199 expenses = $1,077 cash flow
Investment Breakdown
|
Purchase Price
$84,500
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,745
Downpayment
20%
$16,900
Closing costs
1%
$845
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,276
Total Expenses
$1,199
Mortgage P&I
19%
$442
Property Taxes
6%
$134
Home Insurance
1%
$30
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0