This property might be a fair Long-Term investment with a projected 0.87% first-year return on $22,050 initial cash invested.
0.87%
Cash On Cash
7.53%
Cap Rate
1.12
DSCR
$1,034
Rent
$16
Cashflow
Cash Flow
$1,034 income − $1,018 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,034
Total Expenses
$1,018
Mortgage P&I
57%
$591
Property Taxes
12%
$121
Home Insurance
4%
$37
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$52
Vacancy
6%
$62
Maintenance
5%
$52
Other
0%
$0