This property could be a profitable Long-Term investment with a projected 48.17% first-year return on $14,574 initial cash invested.
48.17%
Cash On Cash
18.14%
Cap Rate
2.74
DSCR
$1,626
Rent
$585
Cashflow
Cash Flow
$1,626 income − $1,041 expenses = $585 cash flow
Investment Breakdown
|
Purchase Price
$69,400
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,574
Downpayment
20%
$13,880
Closing costs
1%
$694
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,626
Total Expenses
$1,041
Mortgage P&I
24%
$383
Property Taxes
12%
$198
Home Insurance
2%
$37
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0