This property might be a fair Long-Term investment with a projected 3.16% first-year return on $33,831 initial cash invested.
3.16%
Cash On Cash
7.86%
Cap Rate
1.19
DSCR
$1,660
Rent
$89
Cashflow
Cash Flow
$1,660 income − $1,571 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,831
Downpayment
20%
$32,220
Closing costs
1%
$1,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,660
Total Expenses
$1,571
Mortgage P&I
53%
$883
Property Taxes
11%
$179
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0