This property might be a fair Long-Term investment with a projected 8.1% first-year return on $21,777 initial cash invested.
8.1%
Cash On Cash
9.11%
Cap Rate
1.35
DSCR
$1,149
Rent
$147
Cashflow
Cash Flow
$1,149 income − $1,002 expenses = $147 cash flow
Investment Breakdown
|
Purchase Price
$104k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,777
Downpayment
20%
$20,740
Closing costs
1%
$1,037
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,149
Total Expenses
$1,002
Mortgage P&I
51%
$583
Property Taxes
7%
$75
Home Insurance
4%
$46
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$57
Vacancy
6%
$69
Maintenance
5%
$57
Other
0%
$0