This property could be a profitable Long-Term investment with a projected 64.22% first-year return on $16,779 initial cash invested.
64.22%
Cash On Cash
21.15%
Cap Rate
3.47
DSCR
$2,087
Rent
$898
Cashflow
Cash Flow
$2,087 income − $1,189 expenses = $898 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
6.5%
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
$2,087
Total Expenses
$1,189
Mortgage P&I
19%
$406
Property Taxes
10%
$213
Home Insurance
1%
$28
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0