This property could be a profitable Long-Term investment with a projected 35.24% first-year return on $18,795 initial cash invested.
35.24%
Cash On Cash
15.15%
Cap Rate
2.27
DSCR
$1,629
Rent
$552
Cashflow
Cash Flow
$1,629 income − $1,077 expenses = $552 cash flow
Investment Breakdown
|
Purchase Price
$89,500
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,795
Downpayment
20%
$17,900
Closing costs
1%
$895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,629
Total Expenses
$1,077
Mortgage P&I
31%
$497
Property Taxes
8%
$126
Home Insurance
2%
$31
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0