This property might be a fair Long-Term investment with a projected 7.39% first-year return on $25,179 initial cash invested.
7.39%
Cash On Cash
8.37%
Cap Rate
1.35
DSCR
$1,251
Rent
$155
Cashflow
Cash Flow
$1,251 income − $1,096 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,179
Downpayment
20%
$23,980
Closing costs
1%
$1,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,251
Total Expenses
$1,096
Mortgage P&I
49%
$618
Property Taxes
9%
$110
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$63
Vacancy
6%
$75
Maintenance
5%
$63
Other
0%
$0