This property might be a fair Long-Term investment with a projected 9.97% first-year return on $26,355 initial cash invested.
9.97%
Cash On Cash
9.15%
Cap Rate
1.44
DSCR
$1,494
Rent
$219
Cashflow
Cash Flow
$1,494 income − $1,275 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,355
Downpayment
20%
$25,100
Closing costs
1%
$1,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,494
Total Expenses
$1,275
Mortgage P&I
44%
$663
Property Taxes
13%
$188
Home Insurance
2%
$35
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0