This property could be a profitable Mid-Term investment with a projected 12.04% first-year return on $43,242 initial cash invested.
12.04%
Cash On Cash
11.76%
Cap Rate
1.77
DSCR
$1,989
Rent
$434
Cashflow
Cash Flow
$1,989 income − $1,555 expenses = $434 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,242
Downpayment
20%
$24,040
Closing costs
1%
$1,202
Rehab
0%
$0
Furnishing
15%
$18,000
Cashflow
Total Income
$1,989
Total Expenses
$1,555
Mortgage P&I
33%
$664
Property Taxes
8%
$164
Home Insurance
2%
$49
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219