This property might be a fair Long-Term investment with a projected 7.01% first-year return on $32,718 initial cash invested.
7.01%
Cash On Cash
8.88%
Cap Rate
1.32
DSCR
$1,722
Rent
$191
Cashflow
Cash Flow
$1,722 income − $1,531 expenses = $191 cash flow
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,718
Downpayment
20%
$31,160
Closing costs
1%
$1,558
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,722
Total Expenses
$1,531
Mortgage P&I
51%
$876
Property Taxes
9%
$149
Home Insurance
3%
$59
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0