This property could be a profitable Long-Term investment with a projected 22.15% first-year return on $13,650 initial cash invested.
22.15%
Cash On Cash
11.54%
Cap Rate
1.89
DSCR
$867
Rent
$252
Cashflow
Cash Flow
$867 income − $615 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$13,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$867
Total Expenses
$615
Mortgage P&I
38%
$330
Property Taxes
4%
$37
Home Insurance
3%
$23
HOA
0%
$0
Property Management
10%
$87
CapEx
5%
$43
Vacancy
6%
$52
Maintenance
5%
$43
Other
0%
$0