This property might be a fair Long-Term investment with a projected 4.94% first-year return on $25,242 initial cash invested.
4.94%
Cash On Cash
8.33%
Cap Rate
1.26
DSCR
$1,326
Rent
$104
Cashflow
Cash Flow
$1,326 income − $1,222 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,242
Downpayment
20%
$24,040
Closing costs
1%
$1,202
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,326
Total Expenses
$1,222
Mortgage P&I
50%
$664
Property Taxes
12%
$164
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0