This property might be a fair Long-Term investment with a projected 1.93% first-year return on $29,295 initial cash invested.
1.93%
Cash On Cash
7.78%
Cap Rate
1.16
DSCR
$1,504
Rent
$47
Cashflow
Cash Flow
$1,504 income − $1,457 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,295
Downpayment
20%
$27,900
Closing costs
1%
$1,395
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,504
Total Expenses
$1,457
Mortgage P&I
52%
$782
Property Taxes
9%
$131
Home Insurance
3%
$49
HOA
7%
$105
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0