This property could be a profitable Long-Term investment with a projected 39.8% first-year return on $17,850 initial cash invested.
39.8%
Cash On Cash
16.31%
Cap Rate
2.38
DSCR
$1,545
Rent
$592
Cashflow
Cash Flow
$1,545 income − $953 expenses = $592 cash flow
Investment Breakdown
|
Purchase Price
$85,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,850
Downpayment
20%
$17,000
Closing costs
1%
$850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,545
Total Expenses
$953
Mortgage P&I
31%
$486
Property Taxes
2%
$36
Home Insurance
2%
$30
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0