This property could be a profitable Long-Term investment with a projected 41.05% first-year return on $15,729 initial cash invested.
41.05%
Cash On Cash
16.65%
Cap Rate
2.41
DSCR
$1,408
Rent
$538
Cashflow
Cash Flow
$1,408 income − $870 expenses = $538 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,408
Total Expenses
$870
Mortgage P&I
31%
$431
Property Taxes
3%
$48
Home Insurance
2%
$26
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0