This property might be a fair Long-Term investment with a projected 5.39% first-year return on $28,917 initial cash invested.
5.39%
Cash On Cash
8.55%
Cap Rate
1.27
DSCR
$1,526
Rent
$130
Cashflow
Cash Flow
$1,526 income − $1,396 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$138k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,917
Downpayment
20%
$27,540
Closing costs
1%
$1,377
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,526
Total Expenses
$1,396
Mortgage P&I
51%
$775
Property Taxes
12%
$184
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0