This property could be a profitable Long-Term investment with a projected 37.44% first-year return on $14,679 initial cash invested.
37.44%
Cash On Cash
15.69%
Cap Rate
2.32
DSCR
$1,243
Rent
$458
Cashflow
Cash Flow
$1,243 income − $785 expenses = $458 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$14,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,243
Total Expenses
$785
Mortgage P&I
32%
$394
Property Taxes
4%
$44
Home Insurance
2%
$24
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0