This property might be a fair Long-Term investment with a projected 7.89% first-year return on $26,460 initial cash invested.
7.89%
Cash On Cash
9.03%
Cap Rate
1.35
DSCR
$1,399
Rent
$174
Cashflow
Cash Flow
$1,399 income − $1,225 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,460
Downpayment
20%
$25,200
Closing costs
1%
$1,260
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,399
Total Expenses
$1,225
Mortgage P&I
50%
$704
Property Taxes
8%
$113
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0