This property might be a fair Long-Term investment with a projected 6.81% first-year return on $21,336 initial cash invested.
6.81%
Cash On Cash
8.75%
Cap Rate
1.31
DSCR
$1,066
Rent
$121
Cashflow
Cash Flow
$1,066 income − $945 expenses = $121 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,336
Downpayment
20%
$20,320
Closing costs
1%
$1,016
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,066
Total Expenses
$945
Mortgage P&I
53%
$567
Property Taxes
2%
$21
Home Insurance
8%
$80
HOA
0%
$0
Property Management
10%
$107
CapEx
5%
$53
Vacancy
6%
$64
Maintenance
5%
$53
Other
0%
$0