This property could be a profitable Long-Term investment with a projected 73.17% first-year return on $11,529 initial cash invested.
73.17%
Cash On Cash
23.28%
Cap Rate
3.67
DSCR
$1,443
Rent
$703
Cashflow
Cash Flow
$1,443 income − $740 expenses = $703 cash flow
Investment Breakdown
|
Purchase Price
$54,900
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$11,529
Downpayment
20%
$10,980
Closing costs
1%
$549
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,443
Total Expenses
$740
Mortgage P&I
20%
$290
Property Taxes
4%
$56
Home Insurance
1%
$19
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0