This property might be a fair Long-Term investment with a projected 2.29% first-year return on $32,949 initial cash invested.
2.29%
Cash On Cash
7.51%
Cap Rate
1.16
DSCR
$1,500
Rent
$63
Cashflow
Cash Flow
$1,500 income − $1,437 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,949
Downpayment
20%
$31,380
Closing costs
1%
$1,569
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,500
Total Expenses
$1,437
Mortgage P&I
56%
$844
Property Taxes
7%
$105
Home Insurance
7%
$98
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0