This property might be a fair Long-Term investment with a projected 5.28% first-year return on $24,759 initial cash invested.
5.28%
Cash On Cash
8.55%
Cap Rate
1.28
DSCR
$1,474
Rent
$109
Cashflow
Cash Flow
$1,474 income − $1,365 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$118k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,759
Downpayment
20%
$23,580
Closing costs
1%
$1,179
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,474
Total Expenses
$1,365
Mortgage P&I
45%
$657
Property Taxes
19%
$284
Home Insurance
3%
$41
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0