This property might be a fair Long-Term investment with a projected 0.29% first-year return on $33,579 initial cash invested.
0.29%
Cash On Cash
7.16%
Cap Rate
1.09
DSCR
$1,350
Rent
$8
Cashflow
Cash Flow
$1,350 income − $1,342 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,350
Total Expenses
$1,342
Mortgage P&I
65%
$878
Property Taxes
4%
$56
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0