This property could be a profitable Long-Term investment with a projected 15.32% first-year return on $18,879 initial cash invested.
15.32%
Cash On Cash
10.65%
Cap Rate
1.6
DSCR
$1,151
Rent
$241
Cashflow
Cash Flow
$1,151 income − $910 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$89,900
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,879
Downpayment
20%
$17,980
Closing costs
1%
$899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,151
Total Expenses
$910
Mortgage P&I
43%
$499
Property Taxes
7%
$79
Home Insurance
3%
$32
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0