This property could be a profitable Long-Term investment with a projected 36.11% first-year return on $15,750 initial cash invested.
36.11%
Cash On Cash
15.42%
Cap Rate
2.36
DSCR
$1,615
Rent
$474
Cashflow
Cash Flow
$1,615 income − $1,141 expenses = $474 cash flow
Investment Breakdown
|
Purchase Price
$75,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,750
Downpayment
20%
$15,000
Closing costs
1%
$750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,615
Total Expenses
$1,141
Mortgage P&I
25%
$409
Property Taxes
18%
$285
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0