This property might be a fair Long-Term investment with a projected 0.58% first-year return on $34,902 initial cash invested.
0.58%
Cash On Cash
7.31%
Cap Rate
1.1
DSCR
$1,559
Rent
$17
Cashflow
Cash Flow
$1,559 income − $1,542 expenses = $17 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,902
Downpayment
20%
$33,240
Closing costs
1%
$1,662
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,559
Total Expenses
$1,542
Mortgage P&I
59%
$918
Property Taxes
9%
$143
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0