This property could be a profitable Long-Term investment with a projected 36.04% first-year return on $20,979 initial cash invested.
36.04%
Cash On Cash
15.18%
Cap Rate
2.32
DSCR
$1,809
Rent
$630
Cashflow
Cash Flow
$1,809 income − $1,179 expenses = $630 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
7.2%
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
$1,809
Total Expenses
$1,179
Mortgage P&I
30%
$544
Property Taxes
7%
$130
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$109
Maintenance
5%
$90
Other
0%
$0