This property might be a fair Long-Term investment with a projected 0.71% first-year return on $30,450 initial cash invested.
0.71%
Cash On Cash
7.35%
Cap Rate
1.1
DSCR
$1,274
Rent
$18
Cashflow
Cash Flow
$1,274 income − $1,256 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,274
Total Expenses
$1,256
Mortgage P&I
63%
$806
Property Taxes
5%
$68
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0