This property might be a fair Long-Term investment with a projected 7.94% first-year return on $29,169 initial cash invested.
7.94%
Cash On Cash
9.09%
Cap Rate
1.33
DSCR
$1,367
Rent
$193
Cashflow
Cash Flow
$1,367 income − $1,174 expenses = $193 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,169
Downpayment
20%
$27,780
Closing costs
1%
$1,389
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,367
Total Expenses
$1,174
Mortgage P&I
58%
$791
Property Taxes
0%
$4
Home Insurance
2%
$24
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0