This property might be a fair Long-Term investment with a projected 9.28% first-year return on $31,668 initial cash invested.
9.28%
Cash On Cash
8.82%
Cap Rate
1.41
DSCR
$1,494
Rent
$245
Cashflow
Cash Flow
$1,494 income − $1,249 expenses = $245 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,668
Downpayment
20%
$30,160
Closing costs
1%
$1,508
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,494
Total Expenses
$1,249
Mortgage P&I
53%
$789
Property Taxes
2%
$24
Home Insurance
3%
$47
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0