This property might be a fair Long-Term investment with a projected 8.81% first-year return on $28,749 initial cash invested.
8.81%
Cash On Cash
8.67%
Cap Rate
1.42
DSCR
$1,653
Rent
$211
Cashflow
Cash Flow
$1,653 income − $1,442 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$137k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,749
Downpayment
20%
$27,380
Closing costs
1%
$1,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,653
Total Expenses
$1,442
Mortgage P&I
42%
$695
Property Taxes
15%
$252
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0