This property might be a fair Long-Term investment with a projected 1.34% first-year return on $33,138 initial cash invested.
1.34%
Cash On Cash
7.47%
Cap Rate
1.13
DSCR
$1,469
Rent
$37
Cashflow
Cash Flow
$1,469 income − $1,432 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$158k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,138
Downpayment
20%
$31,560
Closing costs
1%
$1,578
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,469
Total Expenses
$1,432
Mortgage P&I
59%
$872
Property Taxes
8%
$123
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0