This property could be a profitable Long-Term investment with a projected 13.21% first-year return on $84,998 initial cash invested.
13.21%
Cash On Cash
9.7%
Cap Rate
1.55
DSCR
$4,560
Rent
$936
Cashflow
Cash Flow
$4,560 income − $3,624 expenses = $936 cash flow
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,998
Downpayment
20%
$80,950
Closing costs
1%
$4,048
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,560
Total Expenses
$3,624
Mortgage P&I
46%
$2,107
Property Taxes
4%
$189
Home Insurance
3%
$142
HOA
0%
$0
Property Management
10%
$456
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0