This property could be a profitable Long-Term investment with a projected 22.85% first-year return on $20,748 initial cash invested.
22.85%
Cash On Cash
12.43%
Cap Rate
1.85
DSCR
$1,502
Rent
$395
Cashflow
Cash Flow
$1,502 income − $1,107 expenses = $395 cash flow
Investment Breakdown
|
Purchase Price
$98,800
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,748
Downpayment
20%
$19,760
Closing costs
1%
$988
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,502
Total Expenses
$1,107
Mortgage P&I
37%
$553
Property Taxes
8%
$119
Home Insurance
3%
$45
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0