This property might be a fair Long-Term investment with a projected 4.45% first-year return on $23,184 initial cash invested.
4.45%
Cash On Cash
8.05%
Cap Rate
1.23
DSCR
$1,059
Rent
$86
Cashflow
Cash Flow
$1,059 income − $973 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$110k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$23,184
Downpayment
20%
$22,080
Closing costs
1%
$1,104
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,059
Total Expenses
$973
Mortgage P&I
57%
$602
Property Taxes
5%
$51
Home Insurance
4%
$44
HOA
0%
$0
Property Management
10%
$106
CapEx
5%
$53
Vacancy
6%
$64
Maintenance
5%
$53
Other
0%
$0