This property might be a fair Long-Term investment with a projected 2.62% first-year return on $28,833 initial cash invested.
2.62%
Cash On Cash
7.87%
Cap Rate
1.16
DSCR
$1,216
Rent
$63
Cashflow
Cash Flow
$1,216 income − $1,153 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$137k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,833
Downpayment
20%
$27,460
Closing costs
1%
$1,373
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,216
Total Expenses
$1,153
Mortgage P&I
64%
$776
Property Taxes
1%
$17
Home Insurance
4%
$43
HOA
0%
$0
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0