This property could be a profitable Long-Term investment with a projected 78.52% first-year return on $17,346 initial cash invested.
78.52%
Cash On Cash
25.03%
Cap Rate
3.73
DSCR
$2,521
Rent
$1,135
Cashflow
Cash Flow
$2,521 income − $1,386 expenses = $1,135 cash flow
Investment Breakdown
|
Purchase Price
$82,600
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,346
Downpayment
20%
$16,520
Closing costs
1%
$826
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,521
Total Expenses
$1,386
Mortgage P&I
18%
$462
Property Taxes
10%
$240
Home Insurance
1%
$29
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0