This property could be a profitable Long-Term investment with a projected 20.35% first-year return on $22,050 initial cash invested.
20.35%
Cash On Cash
12.09%
Cap Rate
1.78
DSCR
$1,825
Rent
$374
Cashflow
Cash Flow
$1,825 income − $1,451 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,825
Total Expenses
$1,451
Mortgage P&I
32%
$593
Property Taxes
19%
$347
Home Insurance
2%
$37
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0