This property might be a fair Long-Term investment with a projected 7.68% first-year return on $29,673 initial cash invested.
7.68%
Cash On Cash
8.96%
Cap Rate
1.34
DSCR
$1,506
Rent
$190
Cashflow
Cash Flow
$1,506 income − $1,316 expenses = $190 cash flow
Investment Breakdown
|
Purchase Price
$141k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,673
Downpayment
20%
$28,260
Closing costs
1%
$1,413
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,506
Total Expenses
$1,316
Mortgage P&I
52%
$790
Property Taxes
5%
$74
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0