This property might be a fair Long-Term investment with a projected 8.57% first-year return on $34,293 initial cash invested.
8.57%
Cash On Cash
9.23%
Cap Rate
1.41
DSCR
$2,456
Rent
$245
Cashflow
Cash Flow
$2,456 income − $2,211 expenses = $245 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,293
Downpayment
20%
$32,660
Closing costs
1%
$1,633
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,456
Total Expenses
$2,211
Mortgage P&I
36%
$888
Property Taxes
22%
$537
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0