This property could be a profitable Long-Term investment with a projected 54.46% first-year return on $9,849 initial cash invested.
54.46%
Cash On Cash
19.7%
Cap Rate
2.86
DSCR
$1,080
Rent
$447
Cashflow
Cash Flow
$1,080 income − $633 expenses = $447 cash flow
Investment Breakdown
|
Purchase Price
$46,900
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$9,849
Downpayment
20%
$9,380
Closing costs
1%
$469
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,080
Total Expenses
$633
Mortgage P&I
25%
$269
Property Taxes
6%
$67
Home Insurance
1%
$16
HOA
0%
$0
Property Management
10%
$108
CapEx
5%
$54
Vacancy
6%
$65
Maintenance
5%
$54
Other
0%
$0