This property might be a fair Long-Term investment with a projected 9.57% first-year return on $25,200 initial cash invested.
9.57%
Cash On Cash
9.47%
Cap Rate
1.4
DSCR
$1,416
Rent
$201
Cashflow
Cash Flow
$1,416 income − $1,215 expenses = $201 cash flow
Investment Breakdown
|
Purchase Price
$120k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,416
Total Expenses
$1,215
Mortgage P&I
48%
$675
Property Taxes
9%
$129
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0