This property might be a fair Long-Term investment with a projected 8.25% first-year return on $34,776 initial cash invested.
8.25%
Cash On Cash
8.74%
Cap Rate
1.38
DSCR
$1,853
Rent
$239
Cashflow
Cash Flow
$1,853 income − $1,614 expenses = $239 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,776
Downpayment
20%
$33,120
Closing costs
1%
$1,656
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,853
Total Expenses
$1,614
Mortgage P&I
47%
$874
Property Taxes
12%
$221
Home Insurance
2%
$37
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0