This property could be a profitable Long-Term investment with a projected 23.42% first-year return on $15,729 initial cash invested.
23.42%
Cash On Cash
12.35%
Cap Rate
1.94
DSCR
$1,328
Rent
$307
Cashflow
Cash Flow
$1,328 income − $1,021 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,328
Total Expenses
$1,021
Mortgage P&I
30%
$398
Property Taxes
19%
$252
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0