This property might be a fair Long-Term investment with a projected 8.49% first-year return on $29,127 initial cash invested.
8.49%
Cash On Cash
9.2%
Cap Rate
1.37
DSCR
$1,625
Rent
$206
Cashflow
Cash Flow
$1,625 income − $1,419 expenses = $206 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,127
Downpayment
20%
$27,740
Closing costs
1%
$1,387
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,625
Total Expenses
$1,419
Mortgage P&I
48%
$776
Property Taxes
10%
$160
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0