This property could be a profitable Long-Term investment with a projected 59.51% first-year return on $14,679 initial cash invested.
59.51%
Cash On Cash
20.6%
Cap Rate
3.1
DSCR
$1,697
Rent
$728
Cashflow
Cash Flow
$1,697 income − $969 expenses = $728 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,697
Total Expenses
$969
Mortgage P&I
23%
$387
Property Taxes
7%
$116
Home Insurance
1%
$24
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0