This property could be a profitable Long-Term investment with a projected 41.81% first-year return on $16,590 initial cash invested.
41.81%
Cash On Cash
16.77%
Cap Rate
2.44
DSCR
$1,473
Rent
$578
Cashflow
Cash Flow
$1,473 income − $895 expenses = $578 cash flow
Investment Breakdown
|
Purchase Price
$79,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,590
Downpayment
20%
$15,800
Closing costs
1%
$790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,473
Total Expenses
$895
Mortgage P&I
31%
$452
Property Taxes
2%
$32
Home Insurance
2%
$28
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0