This property could be a profitable Long-Term investment with a projected 11.37% first-year return on $17,829 initial cash invested.
11.37%
Cash On Cash
9.67%
Cap Rate
1.47
DSCR
$1,021
Rent
$169
Cashflow
Cash Flow
$1,021 income − $852 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,829
Downpayment
20%
$16,980
Closing costs
1%
$849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,021
Total Expenses
$852
Mortgage P&I
45%
$464
Property Taxes
9%
$93
Home Insurance
3%
$30
HOA
0%
$0
Property Management
10%
$102
CapEx
5%
$51
Vacancy
6%
$61
Maintenance
5%
$51
Other
0%
$0