This property might be a fair Long-Term investment with a projected 0.23% first-year return on $31,479 initial cash invested.
0.23%
Cash On Cash
6.84%
Cap Rate
1.08
DSCR
$1,159
Rent
$6
Cashflow
Cash Flow
$1,159 income − $1,153 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,159
Total Expenses
$1,153
Mortgage P&I
68%
$791
Property Taxes
1%
$8
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$116
CapEx
5%
$58
Vacancy
6%
$70
Maintenance
5%
$58
Other
0%
$0