This property might be a fair Long-Term investment with a projected 6.68% first-year return on $24,255 initial cash invested.
6.68%
Cash On Cash
8.72%
Cap Rate
1.32
DSCR
$1,326
Rent
$135
Cashflow
Cash Flow
$1,326 income − $1,191 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$116k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,255
Downpayment
20%
$23,100
Closing costs
1%
$1,155
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,326
Total Expenses
$1,191
Mortgage P&I
48%
$638
Property Taxes
12%
$156
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0