This property could be a profitable Long-Term investment with a projected 32.47% first-year return on $12,453 initial cash invested.
32.47%
Cash On Cash
14.71%
Cap Rate
2.2
DSCR
$1,208
Rent
$337
Cashflow
Cash Flow
$1,208 income − $871 expenses = $337 cash flow
Investment Breakdown
|
Purchase Price
$59,300
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$12,453
Downpayment
20%
$11,860
Closing costs
1%
$593
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,208
Total Expenses
$871
Mortgage P&I
27%
$330
Property Taxes
9%
$114
Home Insurance
9%
$114
HOA
0%
$0
Property Management
10%
$121
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0