This property might be a fair Long-Term investment with a projected 6.58% first-year return on $30,450 initial cash invested.
6.58%
Cash On Cash
8.62%
Cap Rate
1.3
DSCR
$1,449
Rent
$167
Cashflow
Cash Flow
$1,449 income − $1,282 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,449
Total Expenses
$1,282
Mortgage P&I
55%
$802
Property Taxes
4%
$53
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0