This property could be a profitable Long-Term investment with a projected 77.1% first-year return on $16,779 initial cash invested.
77.1%
Cash On Cash
24.5%
Cap Rate
3.66
DSCR
$2,145
Rent
$1,078
Cashflow
Cash Flow
$2,145 income − $1,067 expenses = $1,078 cash flow
Investment Breakdown
|
Purchase Price
$79,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,779
Downpayment
20%
$15,980
Closing costs
1%
$799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,145
Total Expenses
$1,067
Mortgage P&I
21%
$446
Property Taxes
2%
$36
Home Insurance
1%
$28
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0