This property might be a fair Long-Term investment with a projected 2.47% first-year return on $34,986 initial cash invested.
2.47%
Cash On Cash
7.6%
Cap Rate
1.16
DSCR
$1,478
Rent
$72
Cashflow
Cash Flow
$1,478 income − $1,406 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,986
Downpayment
20%
$33,320
Closing costs
1%
$1,666
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,478
Total Expenses
$1,406
Mortgage P&I
62%
$909
Property Taxes
3%
$51
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0