This property might be a fair Long-Term investment with a projected 9.26% first-year return on $19,047 initial cash invested.
9.26%
Cash On Cash
9.33%
Cap Rate
1.39
DSCR
$1,050
Rent
$147
Cashflow
Cash Flow
$1,050 income − $903 expenses = $147 cash flow
Investment Breakdown
|
Purchase Price
$90,700
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,047
Downpayment
20%
$18,140
Closing costs
1%
$907
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,050
Total Expenses
$903
Mortgage P&I
48%
$506
Property Taxes
9%
$97
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$105
CapEx
5%
$52
Vacancy
6%
$63
Maintenance
5%
$52
Other
0%
$0