This property could be a profitable Long-Term investment with a projected 40.99% first-year return on $15,750 initial cash invested.
40.99%
Cash On Cash
16.59%
Cap Rate
2.42
DSCR
$1,429
Rent
$538
Cashflow
Cash Flow
$1,429 income − $891 expenses = $538 cash flow
Investment Breakdown
|
Purchase Price
$75,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,750
Downpayment
20%
$15,000
Closing costs
1%
$750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,429
Total Expenses
$891
Mortgage P&I
30%
$428
Property Taxes
5%
$66
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$71
Vacancy
6%
$86
Maintenance
5%
$71
Other
0%
$0