This property could be a profitable Long-Term investment with a projected 41.46% first-year return on $16,905 initial cash invested.
41.46%
Cash On Cash
16.23%
Cap Rate
2.59
DSCR
$1,696
Rent
$584
Cashflow
Cash Flow
$1,696 income − $1,112 expenses = $584 cash flow
Investment Breakdown
|
Purchase Price
$80,500
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$16,905
Downpayment
20%
$16,100
Closing costs
1%
$805
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,696
Total Expenses
$1,112
Mortgage P&I
25%
$420
Property Taxes
13%
$222
Home Insurance
2%
$28
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0