This property might be a fair Long-Term investment with a projected 5.3% first-year return on $20,811 initial cash invested.
5.3%
Cash On Cash
8.21%
Cap Rate
1.26
DSCR
$971
Rent
$92
Cashflow
Cash Flow
$971 income − $879 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$99,100
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,811
Downpayment
20%
$19,820
Closing costs
1%
$991
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$971
Total Expenses
$879
Mortgage P&I
55%
$537
Property Taxes
4%
$37
Home Insurance
5%
$52
HOA
0%
$0
Property Management
10%
$97
CapEx
5%
$49
Vacancy
6%
$58
Maintenance
5%
$49
Other
0%
$0