This property could be a profitable Long-Term investment with a projected 50.55% first-year return on $8,379 initial cash invested.
50.55%
Cash On Cash
18.59%
Cap Rate
3.04
DSCR
$1,236
Rent
$353
Cashflow
Cash Flow
$1,236 income − $883 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$39,900
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$8,379
Downpayment
20%
$7,980
Closing costs
1%
$399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,236
Total Expenses
$883
Mortgage P&I
16%
$203
Property Taxes
28%
$344
Home Insurance
1%
$14
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$74
Maintenance
5%
$62
Other
0%
$0