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This property could be a profitable Long-Term investment with a projected 47.44% first-year return on $11,357 initial cash invested.
Cash On Cash
47.44%
Cap Rate
17.35%
Rent
$1,150
Cashflow
$449
Rent Confidence: High
Annual
$13,800
Median
$1,150
Avg
$1,151
Samples
25
Financing
Purchase Price $54,080
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $11,357
Downpayment 20% $10,816
Closing costs 1% $541
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,150
Total Expenses $701
Mortgage P&I 24% $275
Property Taxes 9% $107
Home Insurance 2% $19
PManagement 10% $115
CapEx 5% $58
Vacancy 6% $69
Maintenance 5% $58
Other 0% $0
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Projections