This property might be a fair Long-Term investment with a projected 4.87% first-year return on $31,290 initial cash invested.
4.87%
Cash On Cash
8.32%
Cap Rate
1.27
DSCR
$1,885
Rent
$127
Cashflow
Cash Flow
$1,885 income − $1,758 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,885
Total Expenses
$1,758
Mortgage P&I
43%
$812
Property Taxes
21%
$405
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0