This property could be a profitable Long-Term investment with a projected 11.3% first-year return on $25,179 initial cash invested.
11.3%
Cash On Cash
9.41%
Cap Rate
1.47
DSCR
$1,301
Rent
$237
Cashflow
Cash Flow
$1,301 income − $1,064 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,179
Downpayment
20%
$23,980
Closing costs
1%
$1,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,301
Total Expenses
$1,064
Mortgage P&I
49%
$638
Property Taxes
4%
$55
Home Insurance
3%
$33
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0