This property might be a fair Long-Term investment with a projected 0.69% first-year return on $29,400 initial cash invested.
0.69%
Cash On Cash
7.44%
Cap Rate
1.1
DSCR
$1,295
Rent
$17
Cashflow
Cash Flow
$1,295 income − $1,278 expenses = $17 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,400
Downpayment
20%
$28,000
Closing costs
1%
$1,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,295
Total Expenses
$1,278
Mortgage P&I
61%
$786
Property Taxes
8%
$105
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0