This property might be a fair Long-Term investment with a projected 2.22% first-year return on $30,807 initial cash invested.
2.22%
Cash On Cash
7.93%
Cap Rate
1.2
DSCR
$2,138
Rent
$57
Cashflow
Cash Flow
$2,138 income − $2,081 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,807
Downpayment
20%
$29,340
Closing costs
1%
$1,467
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,138
Total Expenses
$2,081
Mortgage P&I
38%
$806
Property Taxes
31%
$667
Home Insurance
2%
$52
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0