This property could be a profitable Mid-Term investment with a projected 17.97% first-year return on $43,284 initial cash invested.
17.97%
Cash On Cash
14%
Cap Rate
2.1
DSCR
$2,228
Rent
$648
Cashflow
Cash Flow
$2,228 income − $1,580 expenses = $648 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,284
Downpayment
20%
$24,080
Closing costs
1%
$1,204
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,228
Total Expenses
$1,580
Mortgage P&I
30%
$668
Property Taxes
5%
$113
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245