This property might be a fair Long-Term investment with a projected 9.05% first-year return on $25,998 initial cash invested.
9.05%
Cash On Cash
9.25%
Cap Rate
1.4
DSCR
$1,516
Rent
$196
Cashflow
Cash Flow
$1,516 income − $1,320 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$124k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,998
Downpayment
20%
$24,760
Closing costs
1%
$1,238
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,516
Total Expenses
$1,320
Mortgage P&I
45%
$682
Property Taxes
12%
$178
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0