This property might be a fair Long-Term investment with a projected 9.01% first-year return on $25,830 initial cash invested.
9.01%
Cash On Cash
9.12%
Cap Rate
1.38
DSCR
$1,291
Rent
$194
Cashflow
Cash Flow
$1,291 income − $1,097 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,830
Downpayment
20%
$24,600
Closing costs
1%
$1,230
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,291
Total Expenses
$1,097
Mortgage P&I
52%
$676
Property Taxes
5%
$64
Home Insurance
2%
$21
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$77
Maintenance
5%
$65
Other
0%
$0