This property could be a profitable Long-Term investment with a projected 41.12% first-year return on $14,679 initial cash invested.
41.12%
Cash On Cash
16.64%
Cap Rate
2.47
DSCR
$1,473
Rent
$503
Cashflow
Cash Flow
$1,473 income − $970 expenses = $503 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,473
Total Expenses
$970
Mortgage P&I
27%
$392
Property Taxes
12%
$171
Home Insurance
2%
$24
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0