This property could be a profitable Mid-Term investment with a projected 13.03% first-year return on $43,179 initial cash invested.
13.03%
Cash On Cash
11.63%
Cap Rate
1.88
DSCR
$1,876
Rent
$469
Cashflow
Cash Flow
$1,876 income − $1,407 expenses = $469 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,876
Total Expenses
$1,407
Mortgage P&I
33%
$618
Property Taxes
6%
$110
Home Insurance
2%
$42
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206