This property could be a profitable Long-Term investment with a projected 10.57% first-year return on $17,829 initial cash invested.
10.57%
Cash On Cash
9.57%
Cap Rate
1.43
DSCR
$947
Rent
$157
Cashflow
Cash Flow
$947 income − $790 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,829
Downpayment
20%
$16,980
Closing costs
1%
$849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$947
Total Expenses
$790
Mortgage P&I
50%
$473
Property Taxes
4%
$38
Home Insurance
3%
$33
HOA
0%
$0
Property Management
10%
$95
CapEx
5%
$47
Vacancy
6%
$57
Maintenance
5%
$47
Other
0%
$0