This property could be a profitable Long-Term investment with a projected 47.98% first-year return on $12,180 initial cash invested.
47.98%
Cash On Cash
17.63%
Cap Rate
2.78
DSCR
$1,175
Rent
$487
Cashflow
Cash Flow
$1,175 income − $688 expenses = $487 cash flow
Investment Breakdown
|
Purchase Price
$58,000
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$12,180
Downpayment
20%
$11,600
Closing costs
1%
$580
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,175
Total Expenses
$688
Mortgage P&I
26%
$306
Property Taxes
5%
$56
Home Insurance
2%
$20
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$70
Maintenance
5%
$59
Other
0%
$0