This property might be a fair Long-Term investment with a projected 3.65% first-year return on $31,206 initial cash invested.
3.65%
Cash On Cash
8.08%
Cap Rate
1.2
DSCR
$1,420
Rent
$95
Cashflow
Cash Flow
$1,420 income − $1,325 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,206
Downpayment
20%
$29,720
Closing costs
1%
$1,486
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,420
Total Expenses
$1,325
Mortgage P&I
59%
$834
Property Taxes
5%
$71
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0