This property might be a fair Long-Term investment with a projected 4.57% first-year return on $25,200 initial cash invested.
4.57%
Cash On Cash
8.06%
Cap Rate
1.23
DSCR
$1,100
Rent
$96
Cashflow
Cash Flow
$1,100 income − $1,004 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,200
Downpayment
20%
$24,000
Closing costs
1%
$1,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,100
Total Expenses
$1,004
Mortgage P&I
60%
$655
Property Taxes
2%
$21
Home Insurance
4%
$42
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0