This property might be a fair Long-Term investment with a projected 9.68% first-year return on $29,379 initial cash invested.
9.68%
Cash On Cash
9.14%
Cap Rate
1.41
DSCR
$1,479
Rent
$237
Cashflow
Cash Flow
$1,479 income − $1,242 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,379
Downpayment
20%
$27,980
Closing costs
1%
$1,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,479
Total Expenses
$1,242
Mortgage P&I
51%
$754
Property Taxes
4%
$54
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0