This property could be a profitable Long-Term investment with a projected 54.19% first-year return on $25,200 initial cash invested.
54.19%
Cash On Cash
19.35%
Cap Rate
3.09
DSCR
$3,415
Rent
$1,138
Cashflow
Cash Flow
$3,415 income − $2,277 expenses = $1,138 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,200
Downpayment
20%
$24,000
Closing costs
1%
$1,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,415
Total Expenses
$2,277
Mortgage P&I
18%
$626
Property Taxes
21%
$720
Home Insurance
1%
$42
HOA
0%
$0
Property Management
10%
$342
CapEx
5%
$171
Vacancy
6%
$205
Maintenance
5%
$171
Other
0%
$0