This property could be a profitable Long-Term investment with a projected 13% first-year return on $19,383 initial cash invested.
13%
Cash On Cash
9.95%
Cap Rate
1.53
DSCR
$1,126
Rent
$210
Cashflow
Cash Flow
$1,126 income − $916 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$92,300
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,383
Downpayment
20%
$18,460
Closing costs
1%
$923
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,126
Total Expenses
$916
Mortgage P&I
44%
$499
Property Taxes
8%
$92
Home Insurance
3%
$32
HOA
0%
$0
Property Management
10%
$113
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0