This property might be a fair Long-Term investment with a projected 3.43% first-year return on $33,600 initial cash invested.
3.43%
Cash On Cash
7.48%
Cap Rate
1.2
DSCR
$1,412
Rent
$96
Cashflow
Cash Flow
$1,412 income − $1,316 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,412
Total Expenses
$1,316
Mortgage P&I
59%
$830
Property Taxes
4%
$62
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0