This property might be a fair Long-Term investment with a projected 2.01% first-year return on $30,471 initial cash invested.
2.01%
Cash On Cash
7.68%
Cap Rate
1.16
DSCR
$1,541
Rent
$51
Cashflow
Cash Flow
$1,541 income − $1,490 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,471
Downpayment
20%
$29,020
Closing costs
1%
$1,451
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,541
Total Expenses
$1,490
Mortgage P&I
52%
$801
Property Taxes
15%
$228
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0