This property might be a fair Long-Term investment with a projected 5.41% first-year return on $25,725 initial cash invested.
5.41%
Cash On Cash
8.22%
Cap Rate
1.27
DSCR
$1,274
Rent
$116
Cashflow
Cash Flow
$1,274 income − $1,158 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$123k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,725
Downpayment
20%
$24,500
Closing costs
1%
$1,225
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,274
Total Expenses
$1,158
Mortgage P&I
52%
$659
Property Taxes
9%
$119
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0