This property might be a fair Long-Term investment with a projected 1.66% first-year return on $34,650 initial cash invested.
1.66%
Cash On Cash
7.62%
Cap Rate
1.14
DSCR
$1,545
Rent
$48
Cashflow
Cash Flow
$1,545 income − $1,497 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,545
Total Expenses
$1,497
Mortgage P&I
60%
$923
Property Taxes
7%
$115
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0