This property might be a fair Long-Term investment with a projected 9.3% first-year return on $27,090 initial cash invested.
9.3%
Cash On Cash
8.79%
Cap Rate
1.41
DSCR
$1,330
Rent
$210
Cashflow
Cash Flow
$1,330 income − $1,120 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,090
Downpayment
20%
$25,800
Closing costs
1%
$1,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,330
Total Expenses
$1,120
Mortgage P&I
50%
$669
Property Taxes
5%
$61
Home Insurance
3%
$45
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0