This property might be a fair Long-Term investment with a projected 9.35% first-year return on $28,350 initial cash invested.
9.35%
Cash On Cash
9.12%
Cap Rate
1.4
DSCR
$1,464
Rent
$221
Cashflow
Cash Flow
$1,464 income − $1,243 expenses = $221 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,464
Total Expenses
$1,243
Mortgage P&I
50%
$732
Property Taxes
6%
$84
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0