This property might be a fair Long-Term investment with a projected 7.27% first-year return on $34,818 initial cash invested.
7.27%
Cash On Cash
8.77%
Cap Rate
1.33
DSCR
$1,867
Rent
$211
Cashflow
Cash Flow
$1,867 income − $1,656 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,818
Downpayment
20%
$33,160
Closing costs
1%
$1,658
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,867
Total Expenses
$1,656
Mortgage P&I
49%
$908
Property Taxes
9%
$167
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0