This property could be a profitable Mid-Term investment with a projected 55.33% first-year return on $43,200 initial cash invested.
55.33%
Cash On Cash
28.23%
Cap Rate
4.51
DSCR
$5,122
Rent
$1,992
Cashflow
Cash Flow
$5,122 income − $3,130 expenses = $1,992 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,200
Downpayment
20%
$24,000
Closing costs
1%
$1,200
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$5,122
Total Expenses
$3,130
Mortgage P&I
12%
$626
Property Taxes
14%
$720
Home Insurance
1%
$42
HOA
0%
$0
Property Management
12%
$615
CapEx
4%
$205
Vacancy
3%
$154
Maintenance
4%
$205
Other
11%
$563