This property might be a fair Long-Term investment with a projected 6.38% first-year return on $27,090 initial cash invested.
6.38%
Cash On Cash
8.62%
Cap Rate
1.31
DSCR
$1,545
Rent
$144
Cashflow
Cash Flow
$1,545 income − $1,401 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,090
Downpayment
20%
$25,800
Closing costs
1%
$1,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,545
Total Expenses
$1,401
Mortgage P&I
46%
$706
Property Taxes
16%
$249
Home Insurance
3%
$45
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0