This property could be a profitable Long-Term investment with a projected 54.66% first-year return on $19,782 initial cash invested.
54.66%
Cash On Cash
19.53%
Cap Rate
2.93
DSCR
$2,168
Rent
$901
Cashflow
Cash Flow
$2,168 income − $1,267 expenses = $901 cash flow
Investment Breakdown
|
Purchase Price
$94,200
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,782
Downpayment
20%
$18,840
Closing costs
1%
$942
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,168
Total Expenses
$1,267
Mortgage P&I
24%
$524
Property Taxes
6%
$125
Home Insurance
3%
$55
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0