This property could be a profitable Long-Term investment with a projected 28.42% first-year return on $19,719 initial cash invested.
28.42%
Cash On Cash
13.58%
Cap Rate
2.04
DSCR
$1,513
Rent
$467
Cashflow
Cash Flow
$1,513 income − $1,046 expenses = $467 cash flow
Investment Breakdown
|
Purchase Price
$93,900
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,719
Downpayment
20%
$18,780
Closing costs
1%
$939
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,513
Total Expenses
$1,046
Mortgage P&I
34%
$520
Property Taxes
6%
$90
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0