This property might be a fair Long-Term investment with a projected 1.96% first-year return on $34,335 initial cash invested.
1.96%
Cash On Cash
7.46%
Cap Rate
1.15
DSCR
$1,458
Rent
$56
Cashflow
Cash Flow
$1,458 income − $1,402 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,335
Downpayment
20%
$32,700
Closing costs
1%
$1,635
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,458
Total Expenses
$1,402
Mortgage P&I
61%
$888
Property Taxes
5%
$78
Home Insurance
4%
$57
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0