This property might be a fair Long-Term investment with a projected 8.74% first-year return on $21,693 initial cash invested.
8.74%
Cash On Cash
9.22%
Cap Rate
1.38
DSCR
$1,200
Rent
$158
Cashflow
Cash Flow
$1,200 income − $1,042 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$103k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,693
Downpayment
20%
$20,660
Closing costs
1%
$1,033
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,200
Total Expenses
$1,042
Mortgage P&I
48%
$576
Property Taxes
9%
$102
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0