This property could be a profitable Mid-Term investment with a projected 15.17% first-year return on $43,179 initial cash invested.
15.17%
Cash On Cash
12.94%
Cap Rate
1.94
DSCR
$2,058
Rent
$546
Cashflow
Cash Flow
$2,058 income − $1,512 expenses = $546 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,179
Downpayment
20%
$23,980
Closing costs
1%
$1,199
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$2,058
Total Expenses
$1,512
Mortgage P&I
32%
$665
Property Taxes
5%
$106
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226