This property could be a profitable Long-Term investment with a projected 30.44% first-year return on $19,950 initial cash invested.
30.44%
Cash On Cash
13.84%
Cap Rate
2.12
DSCR
$1,458
Rent
$506
Cashflow
Cash Flow
$1,458 income − $952 expenses = $506 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,458
Total Expenses
$952
Mortgage P&I
35%
$517
Property Taxes
2%
$23
Home Insurance
2%
$33
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0