This property could be a profitable Long-Term investment with a projected 46.39% first-year return on $12,495 initial cash invested.
46.39%
Cash On Cash
17.83%
Cap Rate
2.62
DSCR
$1,264
Rent
$483
Cashflow
Cash Flow
$1,264 income − $781 expenses = $483 cash flow
Investment Breakdown
|
Purchase Price
$59,500
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$12,495
Downpayment
20%
$11,900
Closing costs
1%
$595
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,264
Total Expenses
$781
Mortgage P&I
27%
$338
Property Taxes
7%
$94
Home Insurance
2%
$21
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0