This property might be a fair Long-Term investment with a projected 3.87% first-year return on $31,038 initial cash invested.
3.87%
Cash On Cash
7.99%
Cap Rate
1.2
DSCR
$1,338
Rent
$100
Cashflow
Cash Flow
$1,338 income − $1,238 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$148k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,038
Downpayment
20%
$29,560
Closing costs
1%
$1,478
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,338
Total Expenses
$1,238
Mortgage P&I
61%
$817
Property Taxes
2%
$33
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0