This property could be a profitable Long-Term investment with a projected 18.37% first-year return on $18,879 initial cash invested.
18.37%
Cash On Cash
11.35%
Cap Rate
1.69
DSCR
$1,158
Rent
$289
Cashflow
Cash Flow
$1,158 income − $869 expenses = $289 cash flow
Investment Breakdown
|
Purchase Price
$89,900
Downpayment
20.0%
Interest Rate
7.5%
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
$1,158
Total Expenses
$869
Mortgage P&I
43%
$503
Property Taxes
3%
$33
Home Insurance
3%
$32
HOA
0%
$0
Property Management
10%
$116
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0