This property could be a profitable Long-Term investment with a projected 51.18% first-year return on $17,304 initial cash invested.
51.18%
Cash On Cash
18.45%
Cap Rate
2.87
DSCR
$1,760
Rent
$738
Cashflow
Cash Flow
$1,760 income − $1,022 expenses = $738 cash flow
Investment Breakdown
|
Purchase Price
$82,400
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$17,304
Downpayment
20%
$16,480
Closing costs
1%
$824
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,760
Total Expenses
$1,022
Mortgage P&I
25%
$441
Property Taxes
5%
$88
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0