This property could be a profitable Long-Term investment with a projected 12.56% first-year return on $62,790 initial cash invested.
12.56%
Cash On Cash
9.8%
Cap Rate
1.54
DSCR
$3,925
Rent
$657
Cashflow
Cash Flow
$3,925 income − $3,268 expenses = $657 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,925
Total Expenses
$3,268
Mortgage P&I
41%
$1,590
Property Taxes
14%
$553
Home Insurance
3%
$105
HOA
0%
$0
Property Management
10%
$392
CapEx
5%
$196
Vacancy
6%
$236
Maintenance
5%
$196
Other
0%
$0