This property could be a profitable Long-Term investment with a projected 22.26% first-year return on $20,916 initial cash invested.
22.26%
Cash On Cash
12.51%
Cap Rate
1.81
DSCR
$1,497
Rent
$388
Cashflow
Cash Flow
$1,497 income − $1,109 expenses = $388 cash flow
Investment Breakdown
|
Purchase Price
$99,600
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,916
Downpayment
20%
$19,920
Closing costs
1%
$996
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,497
Total Expenses
$1,109
Mortgage P&I
38%
$575
Property Taxes
7%
$104
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0