This property could be a profitable Long-Term investment with a projected 15.22% first-year return on $20,979 initial cash invested.
15.22%
Cash On Cash
10.63%
Cap Rate
1.59
DSCR
$1,258
Rent
$266
Cashflow
Cash Flow
$1,258 income − $992 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,258
Total Expenses
$992
Mortgage P&I
44%
$556
Property Taxes
6%
$74
Home Insurance
3%
$35
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$75
Maintenance
5%
$63
Other
0%
$0