This property could be a profitable Long-Term investment with a projected 33.75% first-year return on $17,850 initial cash invested.
33.75%
Cash On Cash
14.72%
Cap Rate
2.21
DSCR
$1,405
Rent
$502
Cashflow
Cash Flow
$1,405 income − $903 expenses = $502 cash flow
Investment Breakdown
|
Purchase Price
$85,000
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,850
Downpayment
20%
$17,000
Closing costs
1%
$850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,405
Total Expenses
$903
Mortgage P&I
34%
$471
Property Taxes
3%
$38
Home Insurance
2%
$30
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0