This property could be a profitable Long-Term investment with a projected 31.35% first-year return on $20,979 initial cash invested.
31.35%
Cash On Cash
14.37%
Cap Rate
2.12
DSCR
$1,688
Rent
$548
Cashflow
Cash Flow
$1,688 income − $1,140 expenses = $548 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,688
Total Expenses
$1,140
Mortgage P&I
33%
$564
Property Taxes
6%
$103
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0