This property might be a fair Long-Term investment with a projected 9.58% first-year return on $33,831 initial cash invested.
9.58%
Cash On Cash
9.23%
Cap Rate
1.41
DSCR
$1,756
Rent
$270
Cashflow
Cash Flow
$1,756 income − $1,486 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,831
Downpayment
20%
$32,220
Closing costs
1%
$1,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,756
Total Expenses
$1,486
Mortgage P&I
50%
$881
Property Taxes
6%
$99
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0