This property might be a fair Long-Term investment with a projected 2.21% first-year return on $29,883 initial cash invested.
2.21%
Cash On Cash
7.86%
Cap Rate
1.17
DSCR
$1,644
Rent
$55
Cashflow
Cash Flow
$1,644 income − $1,589 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,883
Downpayment
20%
$28,460
Closing costs
1%
$1,423
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,644
Total Expenses
$1,589
Mortgage P&I
48%
$795
Property Taxes
19%
$315
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0