This property might be a fair Long-Term investment with a projected 6.8% first-year return on $22,050 initial cash invested.
6.8%
Cash On Cash
8.82%
Cap Rate
1.3
DSCR
$1,054
Rent
$125
Cashflow
Cash Flow
$1,054 income − $929 expenses = $125 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,054
Total Expenses
$929
Mortgage P&I
56%
$594
Property Taxes
2%
$24
Home Insurance
4%
$37
HOA
0%
$0
Property Management
10%
$105
CapEx
5%
$53
Vacancy
6%
$63
Maintenance
5%
$53
Other
0%
$0