This property could be a profitable Long-Term investment with a projected 20.57% first-year return on $18,900 initial cash invested.
20.57%
Cash On Cash
11.99%
Cap Rate
1.79
DSCR
$1,438
Rent
$324
Cashflow
Cash Flow
$1,438 income − $1,114 expenses = $324 cash flow
Investment Breakdown
|
Purchase Price
$90,000
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,900
Downpayment
20%
$18,000
Closing costs
1%
$900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,438
Total Expenses
$1,114
Mortgage P&I
35%
$503
Property Taxes
14%
$205
Home Insurance
2%
$32
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0