This property might be a fair Long-Term investment with a projected 1.49% first-year return on $27,300 initial cash invested.
1.49%
Cash On Cash
7.61%
Cap Rate
1.13
DSCR
$1,255
Rent
$34
Cashflow
Cash Flow
$1,255 income − $1,221 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,255
Total Expenses
$1,221
Mortgage P&I
58%
$727
Property Taxes
10%
$121
Home Insurance
4%
$46
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$75
Maintenance
5%
$63
Other
0%
$0