This property might be a fair Long-Term investment with a projected 6.4% first-year return on $21,000 initial cash invested.
6.4%
Cash On Cash
8.3%
Cap Rate
1.33
DSCR
$1,182
Rent
$112
Cashflow
Cash Flow
$1,182 income − $1,070 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$100,000
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,000
Downpayment
20%
$20,000
Closing costs
1%
$1,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,182
Total Expenses
$1,070
Mortgage P&I
44%
$521
Property Taxes
18%
$207
Home Insurance
3%
$35
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0