This property could be a profitable Long-Term investment with a projected 13.52% first-year return on $25,200 initial cash invested.
13.52%
Cash On Cash
9.89%
Cap Rate
1.56
DSCR
$1,445
Rent
$284
Cashflow
Cash Flow
$1,445 income − $1,161 expenses = $284 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,445
Total Expenses
$1,161
Mortgage P&I
44%
$633
Property Taxes
8%
$111
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0