This property might be a fair Long-Term investment with a projected 7.15% first-year return on $18,795 initial cash invested.
7.15%
Cash On Cash
9.04%
Cap Rate
1.32
DSCR
$1,064
Rent
$112
Cashflow
Cash Flow
$1,064 income − $952 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$89,500
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,795
Downpayment
20%
$17,900
Closing costs
1%
$895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,064
Total Expenses
$952
Mortgage P&I
48%
$509
Property Taxes
13%
$134
Home Insurance
3%
$33
HOA
0%
$0
Property Management
10%
$106
CapEx
5%
$53
Vacancy
6%
$64
Maintenance
5%
$53
Other
0%
$0