This property might be a fair Long-Term investment with a projected 3.93% first-year return on $30,198 initial cash invested.
3.93%
Cash On Cash
8.12%
Cap Rate
1.22
DSCR
$1,517
Rent
$99
Cashflow
Cash Flow
$1,517 income − $1,418 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,198
Downpayment
20%
$28,760
Closing costs
1%
$1,438
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,517
Total Expenses
$1,418
Mortgage P&I
53%
$798
Property Taxes
11%
$169
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0