This property might be a fair Long-Term investment with a projected 5.07% first-year return on $33,600 initial cash invested.
5.07%
Cash On Cash
8.45%
Cap Rate
1.28
DSCR
$2,089
Rent
$142
Cashflow
Cash Flow
$2,089 income − $1,947 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,089
Total Expenses
$1,947
Mortgage P&I
42%
$881
Property Taxes
22%
$468
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0