This property might be a fair Long-Term investment with a projected 7.71% first-year return on $25,977 initial cash invested.
7.71%
Cash On Cash
8.69%
Cap Rate
1.35
DSCR
$1,265
Rent
$167
Cashflow
Cash Flow
$1,265 income − $1,098 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$124k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,977
Downpayment
20%
$24,740
Closing costs
1%
$1,237
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,265
Total Expenses
$1,098
Mortgage P&I
53%
$666
Property Taxes
3%
$41
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0