This property could be a profitable Long-Term investment with a projected 23.32% first-year return on $20,790 initial cash invested.
23.32%
Cash On Cash
12.36%
Cap Rate
1.9
DSCR
$1,584
Rent
$404
Cashflow
Cash Flow
$1,584 income − $1,180 expenses = $404 cash flow
Investment Breakdown
|
Purchase Price
$99,000
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,790
Downpayment
20%
$19,800
Closing costs
1%
$990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,584
Total Expenses
$1,180
Mortgage P&I
34%
$537
Property Taxes
12%
$197
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0