This property could be a profitable Long-Term investment with a projected 60.44% first-year return on $16,380 initial cash invested.
60.44%
Cash On Cash
20.83%
Cap Rate
3.08
DSCR
$1,801
Rent
$825
Cashflow
Cash Flow
$1,801 income − $976 expenses = $825 cash flow
Investment Breakdown
|
Purchase Price
$78,000
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,380
Downpayment
20%
$15,600
Closing costs
1%
$780
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,801
Total Expenses
$976
Mortgage P&I
24%
$439
Property Taxes
2%
$42
Home Insurance
2%
$27
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0