This property could be a profitable Long-Term investment with a projected 10.81% first-year return on $19,320 initial cash invested.
10.81%
Cash On Cash
9.91%
Cap Rate
1.44
DSCR
$1,200
Rent
$174
Cashflow
Cash Flow
$1,200 income − $1,026 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$92,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,320
Downpayment
20%
$18,400
Closing costs
1%
$920
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,200
Total Expenses
$1,026
Mortgage P&I
44%
$526
Property Taxes
13%
$156
Home Insurance
3%
$32
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0