This property might be a fair Long-Term investment with a projected 2.95% first-year return on $27,300 initial cash invested.
2.95%
Cash On Cash
7.86%
Cap Rate
1.19
DSCR
$1,349
Rent
$67
Cashflow
Cash Flow
$1,349 income − $1,282 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,349
Total Expenses
$1,282
Mortgage P&I
53%
$717
Property Taxes
12%
$168
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0