This property might be a fair Long-Term investment with a projected 5.14% first-year return on $34,104 initial cash invested.
5.14%
Cash On Cash
8.28%
Cap Rate
1.25
DSCR
$1,540
Rent
$146
Cashflow
Cash Flow
$1,540 income − $1,394 expenses = $146 cash flow
Investment Breakdown
|
Purchase Price
$162k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,104
Downpayment
20%
$32,480
Closing costs
1%
$1,624
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,540
Total Expenses
$1,394
Mortgage P&I
58%
$897
Property Taxes
2%
$29
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0