This property could be a profitable Long-Term investment with a projected 28.64% first-year return on $25,179 initial cash invested.
28.64%
Cash On Cash
13.41%
Cap Rate
2.06
DSCR
$1,809
Rent
$601
Cashflow
Cash Flow
$1,809 income − $1,208 expenses = $601 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,179
Downpayment
20%
$23,980
Closing costs
1%
$1,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,809
Total Expenses
$1,208
Mortgage P&I
36%
$649
Property Taxes
3%
$47
Home Insurance
2%
$42
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$109
Maintenance
5%
$90
Other
0%
$0