This property could be a profitable Long-Term investment with a projected 75.43% first-year return on $13,650 initial cash invested.
75.43%
Cash On Cash
24.13%
Cap Rate
3.58
DSCR
$1,684
Rent
$858
Cashflow
Cash Flow
$1,684 income − $826 expenses = $858 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$13,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,684
Total Expenses
$826
Mortgage P&I
22%
$365
Property Taxes
0%
$1
Home Insurance
1%
$23
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0