This property might be a fair Long-Term investment with a projected 4.66% first-year return on $22,386 initial cash invested.
4.66%
Cash On Cash
7.85%
Cap Rate
1.24
DSCR
$991
Rent
$87
Cashflow
Cash Flow
$991 income − $904 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$107k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$22,386
Downpayment
20%
$21,320
Closing costs
1%
$1,066
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$991
Total Expenses
$904
Mortgage P&I
57%
$560
Property Taxes
3%
$25
Home Insurance
6%
$61
HOA
0%
$0
Property Management
10%
$99
CapEx
5%
$50
Vacancy
6%
$59
Maintenance
5%
$50
Other
0%
$0