This property might be a fair Long-Term investment with a projected 3.27% first-year return on $29,379 initial cash invested.
3.27%
Cash On Cash
7.7%
Cap Rate
1.22
DSCR
$1,592
Rent
$80
Cashflow
Cash Flow
$1,592 income − $1,512 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,379
Downpayment
20%
$27,980
Closing costs
1%
$1,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,592
Total Expenses
$1,512
Mortgage P&I
46%
$738
Property Taxes
19%
$310
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0