This property might be a fair Long-Term investment with a projected 2.11% first-year return on $28,980 initial cash invested.
2.11%
Cash On Cash
7.8%
Cap Rate
1.16
DSCR
$1,477
Rent
$51
Cashflow
Cash Flow
$1,477 income − $1,426 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$138k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,980
Downpayment
20%
$27,600
Closing costs
1%
$1,380
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,477
Total Expenses
$1,426
Mortgage P&I
52%
$772
Property Taxes
15%
$221
Home Insurance
3%
$48
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0