This property might be a fair Long-Term investment with a projected 3.34% first-year return on $31,290 initial cash invested.
3.34%
Cash On Cash
7.76%
Cap Rate
1.19
DSCR
$1,329
Rent
$87
Cashflow
Cash Flow
$1,329 income − $1,242 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,329
Total Expenses
$1,242
Mortgage P&I
61%
$811
Property Taxes
2%
$32
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0