This property could be a profitable Long-Term investment with a projected 16.83% first-year return on $16,254 initial cash invested.
16.83%
Cash On Cash
11.6%
Cap Rate
1.7
DSCR
$1,604
Rent
$228
Cashflow
Cash Flow
$1,604 income − $1,376 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$77,400
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,254
Downpayment
20%
$15,480
Closing costs
1%
$774
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,604
Total Expenses
$1,376
Mortgage P&I
27%
$440
Property Taxes
27%
$438
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0