This property could be a profitable Long-Term investment with a projected 54.82% first-year return on $5,888 initial cash invested.
54.82%
Cash On Cash
21.53%
Cap Rate
3.22
DSCR
$1,552
Rent
$269
Cashflow
Cash Flow
$1,552 income − $1,283 expenses = $269 cash flow
Investment Breakdown
|
Purchase Price
$28,040
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$5,888
Downpayment
20%
$5,608
Closing costs
1%
$280
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,552
Total Expenses
$1,283
Mortgage P&I
10%
$156
Property Taxes
46%
$713
Home Insurance
1%
$10
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0