This property could be a profitable Long-Term investment with a projected 26.85% first-year return on $15,729 initial cash invested.
26.85%
Cash On Cash
13.36%
Cap Rate
1.99
DSCR
$1,233
Rent
$352
Cashflow
Cash Flow
$1,233 income − $881 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,233
Total Expenses
$881
Mortgage P&I
34%
$420
Property Taxes
9%
$114
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$123
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0