This property could be a profitable Long-Term investment with a projected 25.62% first-year return on $15,645 initial cash invested.
25.62%
Cash On Cash
12.82%
Cap Rate
1.96
DSCR
$1,092
Rent
$334
Cashflow
Cash Flow
$1,092 income − $758 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$74,500
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,645
Downpayment
20%
$14,900
Closing costs
1%
$745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,092
Total Expenses
$758
Mortgage P&I
37%
$407
Property Taxes
3%
$38
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$109
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0