This property could be a profitable Long-Term investment with a projected 11.02% first-year return on $14,700 initial cash invested.
11.02%
Cash On Cash
9.62%
Cap Rate
1.5
DSCR
$1,052
Rent
$135
Cashflow
Cash Flow
$1,052 income − $917 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$70,000
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,700
Downpayment
20%
$14,000
Closing costs
1%
$700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,052
Total Expenses
$917
Mortgage P&I
35%
$373
Property Taxes
23%
$246
Home Insurance
2%
$24
HOA
0%
$0
Property Management
10%
$105
CapEx
5%
$53
Vacancy
6%
$63
Maintenance
5%
$53
Other
0%
$0