This property might be a fair Long-Term investment with a projected 6.15% first-year return on $22,050 initial cash invested.
6.15%
Cash On Cash
8.27%
Cap Rate
1.3
DSCR
$1,070
Rent
$113
Cashflow
Cash Flow
$1,070 income − $957 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,070
Total Expenses
$957
Mortgage P&I
52%
$557
Property Taxes
8%
$84
Home Insurance
3%
$37
HOA
0%
$0
Property Management
10%
$107
CapEx
5%
$54
Vacancy
6%
$64
Maintenance
5%
$54
Other
0%
$0