This property might be a fair Long-Term investment with a projected 8.28% first-year return on $32,025 initial cash invested.
8.28%
Cash On Cash
9.13%
Cap Rate
1.36
DSCR
$1,742
Rent
$221
Cashflow
Cash Flow
$1,742 income − $1,521 expenses = $221 cash flow
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,025
Downpayment
20%
$30,500
Closing costs
1%
$1,525
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,742
Total Expenses
$1,521
Mortgage P&I
49%
$852
Property Taxes
8%
$144
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0