This property might be a fair Long-Term investment with a projected 5.38% first-year return on $32,361 initial cash invested.
5.38%
Cash On Cash
7.81%
Cap Rate
1.28
DSCR
$1,518
Rent
$145
Cashflow
Cash Flow
$1,518 income − $1,373 expenses = $145 cash flow
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,361
Downpayment
20%
$30,820
Closing costs
1%
$1,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,518
Total Expenses
$1,373
Mortgage P&I
52%
$782
Property Taxes
9%
$142
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0