This property could be a profitable Long-Term investment with a projected 20.15% first-year return on $18,879 initial cash invested.
20.15%
Cash On Cash
11.37%
Cap Rate
1.79
DSCR
$1,153
Rent
$317
Cashflow
Cash Flow
$1,153 income − $836 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$89,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,879
Downpayment
20%
$17,980
Closing costs
1%
$899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,153
Total Expenses
$836
Mortgage P&I
41%
$477
Property Taxes
2%
$27
Home Insurance
3%
$32
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0