This property could be a profitable Long-Term investment with a projected 56.91% first-year return on $15,666 initial cash invested.
56.91%
Cash On Cash
20.35%
Cap Rate
2.98
DSCR
$1,932
Rent
$743
Cashflow
Cash Flow
$1,932 income − $1,189 expenses = $743 cash flow
Investment Breakdown
|
Purchase Price
$74,600
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,666
Downpayment
20%
$14,920
Closing costs
1%
$746
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,932
Total Expenses
$1,189
Mortgage P&I
22%
$425
Property Taxes
9%
$177
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0