This property could be a profitable Long-Term investment with a projected 64.79% first-year return on $9,891 initial cash invested.
64.79%
Cash On Cash
21.86%
Cap Rate
3.3
DSCR
$1,274
Rent
$534
Cashflow
Cash Flow
$1,274 income − $740 expenses = $534 cash flow
Investment Breakdown
|
Purchase Price
$47,100
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$9,891
Downpayment
20%
$9,420
Closing costs
1%
$471
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,274
Total Expenses
$740
Mortgage P&I
20%
$260
Property Taxes
2%
$27
Home Insurance
10%
$122
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0