This property could be a profitable Long-Term investment with a projected 31.29% first-year return on $20,979 initial cash invested.
31.29%
Cash On Cash
13.97%
Cap Rate
2.15
DSCR
$1,518
Rent
$547
Cashflow
Cash Flow
$1,518 income − $971 expenses = $547 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,518
Total Expenses
$971
Mortgage P&I
36%
$540
Property Taxes
0%
$1
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0