This property might be a fair Long-Term investment with a projected 2.82% first-year return on $33,579 initial cash invested.
2.82%
Cash On Cash
7.95%
Cap Rate
1.18
DSCR
$1,646
Rent
$79
Cashflow
Cash Flow
$1,646 income − $1,567 expenses = $79 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,646
Total Expenses
$1,567
Mortgage P&I
55%
$898
Property Taxes
11%
$185
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0