This property could be a profitable Long-Term investment with a projected 38.41% first-year return on $11,403 initial cash invested.
38.41%
Cash On Cash
15.69%
Cap Rate
2.4
DSCR
$981
Rent
$365
Cashflow
Cash Flow
$981 income − $616 expenses = $365 cash flow
Investment Breakdown
|
Purchase Price
$54,300
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$11,403
Downpayment
20%
$10,860
Closing costs
1%
$543
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$981
Total Expenses
$616
Mortgage P&I
30%
$296
Property Taxes
3%
$32
Home Insurance
3%
$33
HOA
0%
$0
Property Management
10%
$98
CapEx
5%
$49
Vacancy
6%
$59
Maintenance
5%
$49
Other
0%
$0