This property might be a fair Long-Term investment with a projected 9.17% first-year return on $32,718 initial cash invested.
9.17%
Cash On Cash
9.36%
Cap Rate
1.38
DSCR
$1,723
Rent
$250
Cashflow
Cash Flow
$1,723 income − $1,473 expenses = $250 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,718
Downpayment
20%
$31,160
Closing costs
1%
$1,558
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,723
Total Expenses
$1,473
Mortgage P&I
51%
$879
Property Taxes
4%
$63
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0