This property could be a profitable Long-Term investment with a projected 15.36% first-year return on $15,855 initial cash invested.
15.36%
Cash On Cash
10.82%
Cap Rate
1.61
DSCR
$1,095
Rent
$203
Cashflow
Cash Flow
$1,095 income − $892 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$75,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,855
Downpayment
20%
$15,100
Closing costs
1%
$755
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,095
Total Expenses
$892
Mortgage P&I
39%
$423
Property Taxes
15%
$159
Home Insurance
2%
$24
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0