This property might be a fair Long-Term investment with a projected 5.73% first-year return on $29,946 initial cash invested.
5.73%
Cash On Cash
8.21%
Cap Rate
1.28
DSCR
$1,445
Rent
$143
Cashflow
Cash Flow
$1,445 income − $1,302 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,946
Downpayment
20%
$28,520
Closing costs
1%
$1,426
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,445
Total Expenses
$1,302
Mortgage P&I
53%
$761
Property Taxes
8%
$115
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0