This property might be a fair Long-Term investment with a projected 6.97% first-year return on $33,726 initial cash invested.
6.97%
Cash On Cash
8.47%
Cap Rate
1.32
DSCR
$1,565
Rent
$196
Cashflow
Cash Flow
$1,565 income − $1,369 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,726
Downpayment
20%
$32,120
Closing costs
1%
$1,606
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,565
Total Expenses
$1,369
Mortgage P&I
55%
$859
Property Taxes
3%
$46
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0