This property could be a profitable Long-Term investment with a projected 42.71% first-year return on $14,721 initial cash invested.
42.71%
Cash On Cash
16.33%
Cap Rate
2.68
DSCR
$1,474
Rent
$524
Cashflow
Cash Flow
$1,474 income − $950 expenses = $524 cash flow
Investment Breakdown
|
Purchase Price
$70,100
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,721
Downpayment
20%
$14,020
Closing costs
1%
$701
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,474
Total Expenses
$950
Mortgage P&I
24%
$356
Property Taxes
12%
$176
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0