This property might be a fair Long-Term investment with a projected 9.63% first-year return on $25,179 initial cash invested.
9.63%
Cash On Cash
9.37%
Cap Rate
1.41
DSCR
$1,372
Rent
$202
Cashflow
Cash Flow
$1,372 income − $1,170 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,179
Downpayment
20%
$23,980
Closing costs
1%
$1,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,372
Total Expenses
$1,170
Mortgage P&I
48%
$665
Property Taxes
8%
$106
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0