This property might be a fair Long-Term investment with a projected 9.29% first-year return on $31,773 initial cash invested.
9.29%
Cash On Cash
9.03%
Cap Rate
1.4
DSCR
$1,627
Rent
$246
Cashflow
Cash Flow
$1,627 income − $1,381 expenses = $246 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,773
Downpayment
20%
$30,260
Closing costs
1%
$1,513
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,627
Total Expenses
$1,381
Mortgage P&I
50%
$812
Property Taxes
6%
$92
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0