This property could be a profitable Long-Term investment with a projected 41.01% first-year return on $8,925 initial cash invested.
41.01%
Cash On Cash
16.49%
Cap Rate
2.44
DSCR
$810
Rent
$305
Cashflow
Cash Flow
$810 income − $505 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$42,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$8,925
Downpayment
20%
$8,500
Closing costs
1%
$425
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$810
Total Expenses
$505
Mortgage P&I
30%
$239
Property Taxes
5%
$41
Home Insurance
2%
$15
HOA
0%
$0
Property Management
10%
$81
CapEx
5%
$40
Vacancy
6%
$49
Maintenance
5%
$40
Other
0%
$0