This property could be a profitable Long-Term investment with a projected 26.99% first-year return on $11,739 initial cash invested.
26.99%
Cash On Cash
13.4%
Cap Rate
2.05
DSCR
$1,091
Rent
$264
Cashflow
Cash Flow
$1,091 income − $827 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$55,900
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$11,739
Downpayment
20%
$11,180
Closing costs
1%
$559
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,091
Total Expenses
$827
Mortgage P&I
28%
$305
Property Taxes
20%
$218
Home Insurance
2%
$20
HOA
0%
$0
Property Management
10%
$109
CapEx
5%
$55
Vacancy
6%
$65
Maintenance
5%
$55
Other
0%
$0