This property might be a fair Long-Term investment with a projected 6.59% first-year return on $26,229 initial cash invested.
6.59%
Cash On Cash
8.34%
Cap Rate
1.32
DSCR
$1,303
Rent
$144
Cashflow
Cash Flow
$1,303 income − $1,159 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,303
Total Expenses
$1,159
Mortgage P&I
51%
$659
Property Taxes
9%
$118
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0