This property might be a fair Long-Term investment with a projected 7.6% first-year return on $34,587 initial cash invested.
7.6%
Cash On Cash
8.93%
Cap Rate
1.35
DSCR
$2,002
Rent
$219
Cashflow
Cash Flow
$2,002 income − $1,783 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,587
Downpayment
20%
$32,940
Closing costs
1%
$1,647
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,002
Total Expenses
$1,783
Mortgage P&I
45%
$906
Property Taxes
12%
$238
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0