This property might be a fair Long-Term investment with a projected 8.22% first-year return on $27,300 initial cash invested.
8.22%
Cash On Cash
9.06%
Cap Rate
1.36
DSCR
$1,471
Rent
$187
Cashflow
Cash Flow
$1,471 income − $1,284 expenses = $187 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,471
Total Expenses
$1,284
Mortgage P&I
49%
$720
Property Taxes
9%
$135
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0