This property could be a profitable Long-Term investment with a projected 19.76% first-year return on $19,740 initial cash invested.
19.76%
Cash On Cash
11.86%
Cap Rate
1.87
DSCR
$2,145
Rent
$325
Cashflow
Cash Flow
$2,145 income − $1,820 expenses = $325 cash flow
Investment Breakdown
|
Purchase Price
$94,000
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,740
Downpayment
20%
$18,800
Closing costs
1%
$940
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,145
Total Expenses
$1,820
Mortgage P&I
23%
$497
Property Taxes
9%
$183
Home Insurance
2%
$33
HOA
26%
$550
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0