This property might be a fair Long-Term investment with a projected 9.56% first-year return on $29,253 initial cash invested.
9.56%
Cash On Cash
9.28%
Cap Rate
1.4
DSCR
$1,542
Rent
$233
Cashflow
Cash Flow
$1,542 income − $1,309 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,253
Downpayment
20%
$27,860
Closing costs
1%
$1,393
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,542
Total Expenses
$1,309
Mortgage P&I
50%
$767
Property Taxes
6%
$96
Home Insurance
3%
$45
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0