This property might be a fair Long-Term investment with a projected 3.5% first-year return on $32,529 initial cash invested.
3.5%
Cash On Cash
7.48%
Cap Rate
1.2
DSCR
$1,349
Rent
$95
Cashflow
Cash Flow
$1,349 income − $1,254 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,529
Downpayment
20%
$30,980
Closing costs
1%
$1,549
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,349
Total Expenses
$1,254
Mortgage P&I
60%
$804
Property Taxes
3%
$46
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0