This property might be a fair Long-Term investment with a projected 2.8% first-year return on $34,314 initial cash invested.
2.8%
Cash On Cash
7.81%
Cap Rate
1.18
DSCR
$1,636
Rent
$80
Cashflow
Cash Flow
$1,636 income − $1,556 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,314
Downpayment
20%
$32,680
Closing costs
1%
$1,634
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,636
Total Expenses
$1,556
Mortgage P&I
55%
$901
Property Taxes
10%
$169
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0