This property might be a fair Long-Term investment with a projected 2.54% first-year return on $34,062 initial cash invested.
2.54%
Cash On Cash
7.45%
Cap Rate
1.17
DSCR
$1,523
Rent
$72
Cashflow
Cash Flow
$1,523 income − $1,451 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$162k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,062
Downpayment
20%
$32,440
Closing costs
1%
$1,622
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,523
Total Expenses
$1,451
Mortgage P&I
56%
$859
Property Taxes
9%
$138
Home Insurance
4%
$59
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0