This property could be a profitable Long-Term investment with a projected 70.54% first-year return on $12,588 initial cash invested.
70.54%
Cash On Cash
22.46%
Cap Rate
3.69
DSCR
$1,563
Rent
$740
Cashflow
Cash Flow
$1,563 income − $823 expenses = $740 cash flow
Investment Breakdown
|
Purchase Price
$59,946
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$12,588
Downpayment
20%
$11,989
Closing costs
1%
$599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,563
Total Expenses
$823
Mortgage P&I
19%
$304
Property Taxes
6%
$92
Home Insurance
1%
$21
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0