This property could be a profitable Long-Term investment with a projected 24.62% first-year return on $18,375 initial cash invested.
24.62%
Cash On Cash
12.11%
Cap Rate
1.99
DSCR
$1,231
Rent
$377
Cashflow
Cash Flow
$1,231 income − $854 expenses = $377 cash flow
Investment Breakdown
|
Purchase Price
$87,500
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,375
Downpayment
20%
$17,500
Closing costs
1%
$875
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,231
Total Expenses
$854
Mortgage P&I
36%
$444
Property Taxes
5%
$58
Home Insurance
3%
$31
HOA
0%
$0
Property Management
10%
$123
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0