This property could be a profitable Long-Term investment with a projected 18.89% first-year return on $25,095 initial cash invested.
18.89%
Cash On Cash
10.88%
Cap Rate
1.78
DSCR
$1,613
Rent
$395
Cashflow
Cash Flow
$1,613 income − $1,218 expenses = $395 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,095
Downpayment
20%
$23,900
Closing costs
1%
$1,195
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,613
Total Expenses
$1,218
Mortgage P&I
38%
$607
Property Taxes
9%
$147
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0