This property might be a fair Long-Term investment with a projected 3.5% first-year return on $21,588 initial cash invested.
3.5%
Cash On Cash
7.7%
Cap Rate
1.2
DSCR
$966
Rent
$63
Cashflow
Cash Flow
$966 income − $903 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$103k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,588
Downpayment
20%
$20,560
Closing costs
1%
$1,028
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$966
Total Expenses
$903
Mortgage P&I
57%
$549
Property Taxes
6%
$59
Home Insurance
5%
$44
HOA
0%
$0
Property Management
10%
$97
CapEx
5%
$48
Vacancy
6%
$58
Maintenance
5%
$48
Other
0%
$0