This property might be a fair Long-Term investment with a projected 2.55% first-year return on $27,300 initial cash invested.
2.55%
Cash On Cash
7.49%
Cap Rate
1.17
DSCR
$1,148
Rent
$58
Cashflow
Cash Flow
$1,148 income − $1,090 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,148
Total Expenses
$1,090
Mortgage P&I
61%
$696
Property Taxes
4%
$50
Home Insurance
4%
$46
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$57
Vacancy
6%
$69
Maintenance
5%
$57
Other
0%
$0