This property could be a profitable Long-Term investment with a projected 24.27% first-year return on $18,890 initial cash invested.
24.27%
Cash On Cash
12.43%
Cap Rate
1.97
DSCR
$1,525
Rent
$382
Cashflow
Cash Flow
$1,525 income − $1,143 expenses = $382 cash flow
Investment Breakdown
|
Purchase Price
$89,950
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,890
Downpayment
20%
$17,990
Closing costs
1%
$900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,525
Total Expenses
$1,143
Mortgage P&I
31%
$474
Property Taxes
16%
$241
Home Insurance
2%
$32
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0