This property could be a profitable Long-Term investment with a projected 37% first-year return on $15,729 initial cash invested.
37%
Cash On Cash
15.64%
Cap Rate
2.3
DSCR
$1,348
Rent
$485
Cashflow
Cash Flow
$1,348 income − $863 expenses = $485 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,348
Total Expenses
$863
Mortgage P&I
31%
$424
Property Taxes
5%
$63
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0