This property might be a fair Long-Term investment with a projected 1.26% first-year return on $33,390 initial cash invested.
1.26%
Cash On Cash
7.65%
Cap Rate
1.14
DSCR
$1,724
Rent
$35
Cashflow
Cash Flow
$1,724 income − $1,689 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,724
Total Expenses
$1,689
Mortgage P&I
52%
$892
Property Taxes
17%
$294
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0