This property might be a fair Long-Term investment with a projected 3.65% first-year return on $27,279 initial cash invested.
3.65%
Cash On Cash
8.15%
Cap Rate
1.21
DSCR
$1,361
Rent
$83
Cashflow
Cash Flow
$1,361 income − $1,278 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,361
Total Expenses
$1,278
Mortgage P&I
54%
$731
Property Taxes
11%
$147
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0