This property might be a fair Long-Term investment with a projected 9.84% first-year return on $26,229 initial cash invested.
9.84%
Cash On Cash
8.78%
Cap Rate
1.44
DSCR
$1,299
Rent
$215
Cashflow
Cash Flow
$1,299 income − $1,084 expenses = $215 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,299
Total Expenses
$1,084
Mortgage P&I
49%
$634
Property Taxes
5%
$68
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0