This property could be a profitable Long-Term investment with a projected 30.51% first-year return on $16,128 initial cash invested.
30.51%
Cash On Cash
14.39%
Cap Rate
2.1
DSCR
$1,462
Rent
$410
Cashflow
Cash Flow
$1,462 income − $1,052 expenses = $410 cash flow
Investment Breakdown
|
Purchase Price
$76,800
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,128
Downpayment
20%
$15,360
Closing costs
1%
$768
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,462
Total Expenses
$1,052
Mortgage P&I
30%
$438
Property Taxes
15%
$225
Home Insurance
1%
$9
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0