This property could be a profitable Long-Term investment with a projected 48.83% first-year return on $12,411 initial cash invested.
48.83%
Cash On Cash
18.34%
Cap Rate
2.69
DSCR
$1,241
Rent
$505
Cashflow
Cash Flow
$1,241 income − $736 expenses = $505 cash flow
Investment Breakdown
|
Purchase Price
$59,100
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$12,411
Downpayment
20%
$11,820
Closing costs
1%
$591
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,241
Total Expenses
$736
Mortgage P&I
27%
$336
Property Taxes
5%
$60
Home Insurance
1%
$18
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0