This property might be a fair Long-Term investment with a projected 4.16% first-year return on $21,357 initial cash invested.
4.16%
Cash On Cash
8.04%
Cap Rate
1.24
DSCR
$1,112
Rent
$74
Cashflow
Cash Flow
$1,112 income − $1,038 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,357
Downpayment
20%
$20,340
Closing costs
1%
$1,017
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,112
Total Expenses
$1,038
Mortgage P&I
50%
$551
Property Taxes
14%
$151
Home Insurance
4%
$46
HOA
0%
$0
Property Management
10%
$111
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0