This property could be a profitable Long-Term investment with a projected 83.47% first-year return on $12,579 initial cash invested.
83.47%
Cash On Cash
26.12%
Cap Rate
3.85
DSCR
$1,801
Rent
$875
Cashflow
Cash Flow
$1,801 income − $926 expenses = $875 cash flow
Investment Breakdown
|
Purchase Price
$59,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$12,579
Downpayment
20%
$11,980
Closing costs
1%
$599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,801
Total Expenses
$926
Mortgage P&I
19%
$339
Property Taxes
5%
$98
Home Insurance
1%
$21
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0