This property could be a profitable Long-Term investment with a projected 33.41% first-year return on $17,745 initial cash invested.
33.41%
Cash On Cash
14.7%
Cap Rate
2.21
DSCR
$1,458
Rent
$494
Cashflow
Cash Flow
$1,458 income − $964 expenses = $494 cash flow
Investment Breakdown
|
Purchase Price
$84,500
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,745
Downpayment
20%
$16,900
Closing costs
1%
$845
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,458
Total Expenses
$964
Mortgage P&I
32%
$468
Property Taxes
6%
$87
Home Insurance
2%
$30
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0