This property might be a fair Long-Term investment with a projected 2.57% first-year return on $31,269 initial cash invested.
2.57%
Cash On Cash
7.81%
Cap Rate
1.16
DSCR
$1,381
Rent
$67
Cashflow
Cash Flow
$1,381 income − $1,314 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,269
Downpayment
20%
$29,780
Closing costs
1%
$1,489
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,381
Total Expenses
$1,314
Mortgage P&I
60%
$833
Property Taxes
5%
$70
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0