This property could be a profitable Long-Term investment with a projected 25.83% first-year return on $15,561 initial cash invested.
25.83%
Cash On Cash
12.6%
Cap Rate
2.01
DSCR
$1,098
Rent
$335
Cashflow
Cash Flow
$1,098 income − $763 expenses = $335 cash flow
Investment Breakdown
|
Purchase Price
$74,100
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,561
Downpayment
20%
$14,820
Closing costs
1%
$741
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,098
Total Expenses
$763
Mortgage P&I
35%
$388
Property Taxes
1%
$10
Home Insurance
7%
$79
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0