This property might be a fair Long-Term investment with a projected 2.64% first-year return on $30,429 initial cash invested.
2.64%
Cash On Cash
7.72%
Cap Rate
1.17
DSCR
$1,337
Rent
$67
Cashflow
Cash Flow
$1,337 income − $1,270 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,429
Downpayment
20%
$28,980
Closing costs
1%
$1,449
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,337
Total Expenses
$1,270
Mortgage P&I
60%
$798
Property Taxes
5%
$73
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0