This property could be a profitable Long-Term investment with a projected 36.91% first-year return on $15,246 initial cash invested.
36.91%
Cash On Cash
15.57%
Cap Rate
2.35
DSCR
$1,442
Rent
$469
Cashflow
Cash Flow
$1,442 income − $973 expenses = $469 cash flow
Investment Breakdown
|
Purchase Price
$72,600
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,246
Downpayment
20%
$14,520
Closing costs
1%
$726
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,442
Total Expenses
$973
Mortgage P&I
28%
$401
Property Taxes
11%
$160
Home Insurance
3%
$37
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0