This property might be a fair Long-Term investment with a projected 5.75% first-year return on $34,440 initial cash invested.
5.75%
Cash On Cash
8.17%
Cap Rate
1.3
DSCR
$1,797
Rent
$165
Cashflow
Cash Flow
$1,797 income − $1,632 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,440
Downpayment
20%
$32,800
Closing costs
1%
$1,640
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,797
Total Expenses
$1,632
Mortgage P&I
48%
$861
Property Taxes
14%
$245
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0