This property might be a fair Long-Term investment with a projected 9.52% first-year return on $25,200 initial cash invested.
9.52%
Cash On Cash
9.32%
Cap Rate
1.4
DSCR
$1,286
Rent
$200
Cashflow
Cash Flow
$1,286 income − $1,086 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,200
Downpayment
20%
$24,000
Closing costs
1%
$1,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,286
Total Expenses
$1,086
Mortgage P&I
52%
$668
Property Taxes
3%
$42
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0