This property might be a fair Long-Term investment with a projected 3.48% first-year return on $31,710 initial cash invested.
3.48%
Cash On Cash
7.45%
Cap Rate
1.22
DSCR
$1,478
Rent
$92
Cashflow
Cash Flow
$1,478 income − $1,386 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,710
Downpayment
20%
$30,200
Closing costs
1%
$1,510
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,478
Total Expenses
$1,386
Mortgage P&I
52%
$772
Property Taxes
9%
$138
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0