This property might be a fair Long-Term investment with a projected 4.4% first-year return on $27,006 initial cash invested.
4.4%
Cash On Cash
8.16%
Cap Rate
1.28
DSCR
$1,795
Rent
$99
Cashflow
Cash Flow
$1,795 income − $1,696 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$129k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,006
Downpayment
20%
$25,720
Closing costs
1%
$1,286
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,795
Total Expenses
$1,696
Mortgage P&I
38%
$686
Property Taxes
28%
$498
Home Insurance
2%
$44
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0