This property might be a fair Long-Term investment with a projected 7.96% first-year return on $29,715 initial cash invested.
7.96%
Cash On Cash
8.71%
Cap Rate
1.39
DSCR
$1,794
Rent
$197
Cashflow
Cash Flow
$1,794 income − $1,597 expenses = $197 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,715
Downpayment
20%
$28,300
Closing costs
1%
$1,415
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,794
Total Expenses
$1,597
Mortgage P&I
41%
$740
Property Taxes
18%
$327
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0