This property might be a fair Long-Term investment with a projected 6.62% first-year return on $30,828 initial cash invested.
6.62%
Cash On Cash
8.54%
Cap Rate
1.32
DSCR
$1,724
Rent
$170
Cashflow
Cash Flow
$1,724 income − $1,554 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,828
Downpayment
20%
$29,360
Closing costs
1%
$1,468
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,724
Total Expenses
$1,554
Mortgage P&I
46%
$789
Property Taxes
15%
$266
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0