This property could be a profitable Mid-Term investment with a projected 15.62% first-year return on $43,179 initial cash invested.
15.62%
Cash On Cash
12.79%
Cap Rate
2
DSCR
$1,952
Rent
$562
Cashflow
Cash Flow
$1,952 income − $1,390 expenses = $562 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,952
Total Expenses
$1,390
Mortgage P&I
33%
$638
Property Taxes
3%
$55
Home Insurance
2%
$33
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$59
Maintenance
4%
$78
Other
11%
$215