This property could be a profitable Long-Term investment with a projected 12.02% first-year return on $16,779 initial cash invested.
12.02%
Cash On Cash
9.63%
Cap Rate
1.5
DSCR
$914
Rent
$168
Cashflow
Cash Flow
$914 income − $746 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$914
Total Expenses
$746
Mortgage P&I
47%
$427
Property Taxes
6%
$53
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$91
CapEx
5%
$46
Vacancy
6%
$55
Maintenance
5%
$46
Other
0%
$0