This property might be a fair Long-Term investment with a projected 7.83% first-year return on $33,579 initial cash invested.
7.83%
Cash On Cash
8.77%
Cap Rate
1.35
DSCR
$1,645
Rent
$219
Cashflow
Cash Flow
$1,645 income − $1,426 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,645
Total Expenses
$1,426
Mortgage P&I
53%
$867
Property Taxes
5%
$76
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0