This property might be a fair Long-Term investment with a projected 5.11% first-year return on $35,490 initial cash invested.
5.11%
Cash On Cash
8.26%
Cap Rate
1.28
DSCR
$2,013
Rent
$151
Cashflow
Cash Flow
$2,013 income − $1,862 expenses = $151 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,013
Total Expenses
$1,862
Mortgage P&I
45%
$911
Property Taxes
18%
$368
Home Insurance
3%
$59
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0