This property might be a fair Long-Term investment with a projected 1.65% first-year return on $34,167 initial cash invested.
1.65%
Cash On Cash
7.46%
Cap Rate
1.15
DSCR
$1,651
Rent
$47
Cashflow
Cash Flow
$1,651 income − $1,604 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,167
Downpayment
20%
$32,540
Closing costs
1%
$1,627
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,651
Total Expenses
$1,604
Mortgage P&I
53%
$881
Property Taxes
14%
$237
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0