This property could be a profitable Long-Term investment with a projected 13.15% first-year return on $25,284 initial cash invested.
13.15%
Cash On Cash
10.16%
Cap Rate
1.53
DSCR
$1,485
Rent
$277
Cashflow
Cash Flow
$1,485 income − $1,208 expenses = $277 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,284
Downpayment
20%
$24,080
Closing costs
1%
$1,204
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,485
Total Expenses
$1,208
Mortgage P&I
45%
$668
Property Taxes
8%
$113
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0