This property could be a profitable Long-Term investment with a projected 20.23% first-year return on $10,500 initial cash invested.
20.23%
Cash On Cash
12.05%
Cap Rate
1.81
DSCR
$950
Rent
$177
Cashflow
Cash Flow
$950 income − $773 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$50,000
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$10,500
Downpayment
20%
$10,000
Closing costs
1%
$500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$950
Total Expenses
$773
Mortgage P&I
29%
$277
Property Taxes
24%
$230
Home Insurance
2%
$18
HOA
0%
$0
Property Management
10%
$95
CapEx
5%
$48
Vacancy
6%
$57
Maintenance
5%
$48
Other
0%
$0