This property could be a profitable Long-Term investment with a projected 14.87% first-year return on $21,462 initial cash invested.
14.87%
Cash On Cash
10.61%
Cap Rate
1.59
DSCR
$1,385
Rent
$266
Cashflow
Cash Flow
$1,385 income − $1,119 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,462
Downpayment
20%
$20,440
Closing costs
1%
$1,022
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,385
Total Expenses
$1,119
Mortgage P&I
41%
$569
Property Taxes
10%
$145
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0