This property might be a fair Long-Term investment with a projected 0.84% first-year return on $34,209 initial cash invested.
0.84%
Cash On Cash
7.46%
Cap Rate
1.11
DSCR
$1,499
Rent
$24
Cashflow
Cash Flow
$1,499 income − $1,475 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,209
Downpayment
20%
$32,580
Closing costs
1%
$1,629
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,499
Total Expenses
$1,475
Mortgage P&I
61%
$914
Property Taxes
8%
$119
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0