This property could be a profitable Long-Term investment with a projected 35.78% first-year return on $15,225 initial cash invested.
35.78%
Cash On Cash
15.48%
Cap Rate
2.3
DSCR
$1,486
Rent
$454
Cashflow
Cash Flow
$1,486 income − $1,032 expenses = $454 cash flow
Investment Breakdown
|
Purchase Price
$72,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,225
Downpayment
20%
$14,500
Closing costs
1%
$725
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,486
Total Expenses
$1,032
Mortgage P&I
27%
$407
Property Taxes
14%
$214
Home Insurance
2%
$25
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0