This property could be a profitable Long-Term investment with a projected 38.65% first-year return on $15,960 initial cash invested.
38.65%
Cash On Cash
15.71%
Cap Rate
2.43
DSCR
$1,416
Rent
$514
Cashflow
Cash Flow
$1,416 income − $902 expenses = $514 cash flow
Investment Breakdown
|
Purchase Price
$76,000
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,960
Downpayment
20%
$15,200
Closing costs
1%
$760
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,416
Total Expenses
$902
Mortgage P&I
29%
$410
Property Taxes
2%
$25
Home Insurance
7%
$98
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0