This property might be a fair Long-Term investment with a projected 4.49% first-year return on $25,641 initial cash invested.
4.49%
Cash On Cash
8.03%
Cap Rate
1.25
DSCR
$1,372
Rent
$96
Cashflow
Cash Flow
$1,372 income − $1,276 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$122k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,641
Downpayment
20%
$24,420
Closing costs
1%
$1,221
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,372
Total Expenses
$1,276
Mortgage P&I
48%
$652
Property Taxes
14%
$192
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0