This property could be a profitable Long-Term investment with a projected 20.29% first-year return on $22,470 initial cash invested.
20.29%
Cash On Cash
11.75%
Cap Rate
1.76
DSCR
$1,443
Rent
$380
Cashflow
Cash Flow
$1,443 income − $1,063 expenses = $380 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,470
Downpayment
20%
$21,400
Closing costs
1%
$1,070
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,443
Total Expenses
$1,063
Mortgage P&I
41%
$596
Property Taxes
4%
$55
Home Insurance
3%
$37
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0