This property could be a profitable Long-Term investment with a projected 22.34% first-year return on $16,380 initial cash invested.
22.34%
Cash On Cash
12.43%
Cap Rate
1.88
DSCR
$1,456
Rent
$305
Cashflow
Cash Flow
$1,456 income − $1,151 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$78,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,380
Downpayment
20%
$15,600
Closing costs
1%
$780
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,456
Total Expenses
$1,151
Mortgage P&I
30%
$430
Property Taxes
22%
$315
Home Insurance
2%
$27
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0