This property might be a fair Long-Term investment with a projected 7.73% first-year return on $32,739 initial cash invested.
7.73%
Cash On Cash
9.07%
Cap Rate
1.35
DSCR
$1,878
Rent
$211
Cashflow
Cash Flow
$1,878 income − $1,667 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,739
Downpayment
20%
$31,180
Closing costs
1%
$1,559
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,878
Total Expenses
$1,667
Mortgage P&I
46%
$873
Property Taxes
13%
$249
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0