This property could be a profitable Long-Term investment with a projected 16.96% first-year return on $16,485 initial cash invested.
16.96%
Cash On Cash
10.72%
Cap Rate
1.69
DSCR
$1,076
Rent
$233
Cashflow
Cash Flow
$1,076 income − $843 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$78,500
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,485
Downpayment
20%
$15,700
Closing costs
1%
$785
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,076
Total Expenses
$843
Mortgage P&I
38%
$414
Property Taxes
11%
$120
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$108
CapEx
5%
$54
Vacancy
6%
$65
Maintenance
5%
$54
Other
0%
$0