This property could be a profitable Long-Term investment with a projected 29.55% first-year return on $17,829 initial cash invested.
29.55%
Cash On Cash
14.28%
Cap Rate
2.1
DSCR
$1,790
Rent
$439
Cashflow
Cash Flow
$1,790 income − $1,351 expenses = $439 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.6%
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
$1,790
Total Expenses
$1,351
Mortgage P&I
27%
$481
Property Taxes
21%
$374
Home Insurance
2%
$30
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0