This property might be a fair Long-Term investment with a projected 7.13% first-year return on $29,799 initial cash invested.
7.13%
Cash On Cash
8.56%
Cap Rate
1.33
DSCR
$1,473
Rent
$177
Cashflow
Cash Flow
$1,473 income − $1,296 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$142k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,799
Downpayment
20%
$28,380
Closing costs
1%
$1,419
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,473
Total Expenses
$1,296
Mortgage P&I
52%
$761
Property Taxes
4%
$65
Home Insurance
6%
$87
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0