This property might be a fair Long-Term investment with a projected 7.41% first-year return on $35,301 initial cash invested.
7.41%
Cash On Cash
8.78%
Cap Rate
1.34
DSCR
$1,882
Rent
$218
Cashflow
Cash Flow
$1,882 income − $1,664 expenses = $218 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,301
Downpayment
20%
$33,620
Closing costs
1%
$1,681
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,882
Total Expenses
$1,664
Mortgage P&I
49%
$918
Property Taxes
10%
$187
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0