This property might be a fair Long-Term investment with a projected 2.13% first-year return on $30,450 initial cash invested.
2.13%
Cash On Cash
7.75%
Cap Rate
1.16
DSCR
$1,437
Rent
$54
Cashflow
Cash Flow
$1,437 income − $1,383 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,437
Total Expenses
$1,383
Mortgage P&I
56%
$811
Property Taxes
10%
$147
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0