This property might be a fair Long-Term investment with a projected 2.67% first-year return on $34,587 initial cash invested.
2.67%
Cash On Cash
7.96%
Cap Rate
1.17
DSCR
$1,709
Rent
$77
Cashflow
Cash Flow
$1,709 income − $1,632 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,587
Downpayment
20%
$32,940
Closing costs
1%
$1,647
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,709
Total Expenses
$1,632
Mortgage P&I
54%
$930
Property Taxes
12%
$200
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$103
Maintenance
5%
$85
Other
0%
$0