This property could be a profitable Long-Term investment with a projected 83.14% first-year return on $16,800 initial cash invested.
83.14%
Cash On Cash
25.98%
Cap Rate
3.96
DSCR
$2,620
Rent
$1,164
Cashflow
Cash Flow
$2,620 income − $1,456 expenses = $1,164 cash flow
Investment Breakdown
|
Purchase Price
$80,000
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,800
Downpayment
20%
$16,000
Closing costs
1%
$800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,620
Total Expenses
$1,456
Mortgage P&I
17%
$437
Property Taxes
12%
$310
Home Insurance
1%
$28
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0