This property could be a profitable Long-Term investment with a projected 32.8% first-year return on $10,500 initial cash invested.
32.8%
Cash On Cash
14.23%
Cap Rate
2.3
DSCR
$961
Rent
$287
Cashflow
Cash Flow
$961 income − $674 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$50,000
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$10,500
Downpayment
20%
$10,000
Closing costs
1%
$500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$961
Total Expenses
$674
Mortgage P&I
27%
$258
Property Taxes
15%
$148
Home Insurance
2%
$18
HOA
0%
$0
Property Management
10%
$96
CapEx
5%
$48
Vacancy
6%
$58
Maintenance
5%
$48
Other
0%
$0