This property could be a profitable Long-Term investment with a projected 33.35% first-year return on $19,215 initial cash invested.
33.35%
Cash On Cash
14.18%
Cap Rate
2.28
DSCR
$1,455
Rent
$534
Cashflow
Cash Flow
$1,455 income − $921 expenses = $534 cash flow
Investment Breakdown
|
Purchase Price
$91,500
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,215
Downpayment
20%
$18,300
Closing costs
1%
$915
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,455
Total Expenses
$921
Mortgage P&I
33%
$474
Property Taxes
3%
$50
Home Insurance
1%
$18
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0