This property might be a fair Long-Term investment with a projected 0.71% first-year return on $33,579 initial cash invested.
0.71%
Cash On Cash
7.07%
Cap Rate
1.1
DSCR
$1,385
Rent
$20
Cashflow
Cash Flow
$1,385 income − $1,365 expenses = $20 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,385
Total Expenses
$1,365
Mortgage P&I
62%
$853
Property Taxes
7%
$97
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0