This property could be a profitable Long-Term investment with a projected 20.95% first-year return on $16,779 initial cash invested.
20.95%
Cash On Cash
11.58%
Cap Rate
1.84
DSCR
$1,171
Rent
$293
Cashflow
Cash Flow
$1,171 income − $878 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
6.9%
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
$1,171
Total Expenses
$878
Mortgage P&I
36%
$419
Property Taxes
11%
$126
Home Insurance
2%
$28
HOA
0%
$0
Property Management
10%
$117
CapEx
5%
$59
Vacancy
6%
$70
Maintenance
5%
$59
Other
0%
$0