This property might be a fair Long-Term investment with a projected 1.84% first-year return on $28,035 initial cash invested.
1.84%
Cash On Cash
7.35%
Cap Rate
1.15
DSCR
$1,316
Rent
$43
Cashflow
Cash Flow
$1,316 income − $1,273 expenses = $43 cash flow
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,035
Downpayment
20%
$26,700
Closing costs
1%
$1,335
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,316
Total Expenses
$1,273
Mortgage P&I
54%
$709
Property Taxes
13%
$174
Home Insurance
4%
$47
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0