This property could be a profitable Long-Term investment with a projected 20.43% first-year return on $16,800 initial cash invested.
20.43%
Cash On Cash
11.84%
Cap Rate
1.8
DSCR
$1,293
Rent
$286
Cashflow
Cash Flow
$1,293 income − $1,007 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$80,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,800
Downpayment
20%
$16,000
Closing costs
1%
$800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,293
Total Expenses
$1,007
Mortgage P&I
34%
$438
Property Taxes
16%
$204
Home Insurance
2%
$28
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0