This property might be a fair Long-Term investment with a projected 1.31% first-year return on $32,907 initial cash invested.
1.31%
Cash On Cash
7.34%
Cap Rate
1.14
DSCR
$1,635
Rent
$36
Cashflow
Cash Flow
$1,635 income − $1,599 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,907
Downpayment
20%
$31,340
Closing costs
1%
$1,567
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,635
Total Expenses
$1,599
Mortgage P&I
51%
$841
Property Taxes
17%
$274
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0