This property might be a fair Long-Term investment with a projected 1.36% first-year return on $20,286 initial cash invested.
1.36%
Cash On Cash
7.74%
Cap Rate
1.16
DSCR
$1,248
Rent
$23
Cashflow
Cash Flow
$1,248 income − $1,225 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$96,600
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,286
Downpayment
20%
$19,320
Closing costs
1%
$966
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,248
Total Expenses
$1,225
Mortgage P&I
43%
$538
Property Taxes
22%
$279
Home Insurance
7%
$84
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0