This property could be a profitable Long-Term investment with a projected 60.13% first-year return on $13,650 initial cash invested.
60.13%
Cash On Cash
21.14%
Cap Rate
3.1
DSCR
$1,844
Rent
$684
Cashflow
Cash Flow
$1,844 income − $1,160 expenses = $684 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$13,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,844
Total Expenses
$1,160
Mortgage P&I
20%
$369
Property Taxes
16%
$289
Home Insurance
1%
$23
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0