This property might be a fair Long-Term investment with a projected 5.49% first-year return on $21,210 initial cash invested.
5.49%
Cash On Cash
8.34%
Cap Rate
1.28
DSCR
$1,138
Rent
$97
Cashflow
Cash Flow
$1,138 income − $1,041 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$101k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,210
Downpayment
20%
$20,200
Closing costs
1%
$1,010
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,138
Total Expenses
$1,041
Mortgage P&I
48%
$548
Property Taxes
13%
$151
Home Insurance
4%
$46
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$68
Maintenance
5%
$57
Other
0%
$0