This property might be a fair Long-Term investment with a projected 1.31% first-year return on $32,130 initial cash invested.
1.31%
Cash On Cash
7.51%
Cap Rate
1.13
DSCR
$1,474
Rent
$35
Cashflow
Cash Flow
$1,474 income − $1,439 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,130
Downpayment
20%
$30,600
Closing costs
1%
$1,530
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,474
Total Expenses
$1,439
Mortgage P&I
58%
$848
Property Taxes
10%
$154
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0