This property could be a profitable Long-Term investment with a projected 14.44% first-year return on $21,693 initial cash invested.
14.44%
Cash On Cash
10.08%
Cap Rate
1.59
DSCR
$1,218
Rent
$261
Cashflow
Cash Flow
$1,218 income − $957 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$103k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,693
Downpayment
20%
$20,660
Closing costs
1%
$1,033
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,218
Total Expenses
$957
Mortgage P&I
45%
$546
Property Taxes
4%
$54
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0