This property might be a fair Long-Term investment with a projected 0.75% first-year return on $28,812 initial cash invested.
0.75%
Cash On Cash
7.15%
Cap Rate
1.11
DSCR
$1,294
Rent
$18
Cashflow
Cash Flow
$1,294 income − $1,276 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$137k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,812
Downpayment
20%
$27,440
Closing costs
1%
$1,372
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,294
Total Expenses
$1,276
Mortgage P&I
57%
$735
Property Taxes
12%
$155
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0