This property could be a profitable Long-Term investment with a projected 14.45% first-year return on $16,695 initial cash invested.
14.45%
Cash On Cash
10.55%
Cap Rate
1.58
DSCR
$1,103
Rent
$201
Cashflow
Cash Flow
$1,103 income − $902 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$79,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,695
Downpayment
20%
$15,900
Closing costs
1%
$795
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,103
Total Expenses
$902
Mortgage P&I
40%
$443
Property Taxes
13%
$145
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0