This property might be a fair Long-Term investment with a projected 9.45% first-year return on $21,966 initial cash invested.
9.45%
Cash On Cash
9.43%
Cap Rate
1.41
DSCR
$1,292
Rent
$173
Cashflow
Cash Flow
$1,292 income − $1,119 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$21,966
Downpayment
20%
$20,920
Closing costs
1%
$1,046
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,292
Total Expenses
$1,119
Mortgage P&I
45%
$584
Property Taxes
11%
$146
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0