This property could be a profitable Long-Term investment with a projected 19.87% first-year return on $20,475 initial cash invested.
19.87%
Cash On Cash
11.24%
Cap Rate
1.79
DSCR
$1,275
Rent
$339
Cashflow
Cash Flow
$1,275 income − $936 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$97,500
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,475
Downpayment
20%
$19,500
Closing costs
1%
$975
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,275
Total Expenses
$936
Mortgage P&I
40%
$510
Property Taxes
5%
$60
Home Insurance
3%
$34
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0