This property could be a profitable Long-Term investment with a projected 29.68% first-year return on $14,553 initial cash invested.
29.68%
Cash On Cash
13.51%
Cap Rate
2.22
DSCR
$1,359
Rent
$360
Cashflow
Cash Flow
$1,359 income − $999 expenses = $360 cash flow
Investment Breakdown
|
Purchase Price
$69,300
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,553
Downpayment
20%
$13,860
Closing costs
1%
$693
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,359
Total Expenses
$999
Mortgage P&I
26%
$352
Property Taxes
11%
$144
Home Insurance
11%
$149
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0