This property could be a profitable Long-Term investment with a projected 25.48% first-year return on $22,890 initial cash invested.
25.48%
Cash On Cash
13.21%
Cap Rate
1.97
DSCR
$2,100
Rent
$486
Cashflow
Cash Flow
$2,100 income − $1,614 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$109k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,890
Downpayment
20%
$21,800
Closing costs
1%
$1,090
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,100
Total Expenses
$1,614
Mortgage P&I
29%
$609
Property Taxes
20%
$421
Home Insurance
2%
$38
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0