This property might be a fair Long-Term investment with a projected 3.51% first-year return on $30,387 initial cash invested.
3.51%
Cash On Cash
7.51%
Cap Rate
1.21
DSCR
$1,347
Rent
$89
Cashflow
Cash Flow
$1,347 income − $1,258 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,387
Downpayment
20%
$28,940
Closing costs
1%
$1,447
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,347
Total Expenses
$1,258
Mortgage P&I
56%
$749
Property Taxes
8%
$105
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0