This property might be a fair Long-Term investment with a projected 9.99% first-year return on $24,150 initial cash invested.
9.99%
Cash On Cash
9.04%
Cap Rate
1.44
DSCR
$1,290
Rent
$201
Cashflow
Cash Flow
$1,290 income − $1,089 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$115k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,150
Downpayment
20%
$23,000
Closing costs
1%
$1,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,290
Total Expenses
$1,089
Mortgage P&I
47%
$601
Property Taxes
9%
$114
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0