This property might be a fair Long-Term investment with a projected 7.05% first-year return on $32,508 initial cash invested.
7.05%
Cash On Cash
8.88%
Cap Rate
1.3
DSCR
$1,524
Rent
$191
Cashflow
Cash Flow
$1,524 income − $1,333 expenses = $191 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,508
Downpayment
20%
$30,960
Closing costs
1%
$1,548
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,524
Total Expenses
$1,333
Mortgage P&I
58%
$878
Property Taxes
2%
$27
Home Insurance
2%
$33
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0