This property could be a profitable Long-Term investment with a projected 37.52% first-year return on $14,679 initial cash invested.
37.52%
Cash On Cash
15.86%
Cap Rate
2.32
DSCR
$1,312
Rent
$459
Cashflow
Cash Flow
$1,312 income − $853 expenses = $459 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.7%
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
$1,312
Total Expenses
$853
Mortgage P&I
30%
$399
Property Taxes
7%
$88
Home Insurance
2%
$24
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0