This property might be a fair Long-Term investment with a projected 4.44% first-year return on $31,857 initial cash invested.
4.44%
Cash On Cash
8.24%
Cap Rate
1.24
DSCR
$1,633
Rent
$118
Cashflow
Cash Flow
$1,633 income − $1,515 expenses = $118 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,857
Downpayment
20%
$30,340
Closing costs
1%
$1,517
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,633
Total Expenses
$1,515
Mortgage P&I
52%
$842
Property Taxes
12%
$192
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0