This property might be a fair Long-Term investment with a projected 2.33% first-year return on $31,374 initial cash invested.
2.33%
Cash On Cash
7.22%
Cap Rate
1.16
DSCR
$1,327
Rent
$61
Cashflow
Cash Flow
$1,327 income − $1,266 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,374
Downpayment
20%
$29,880
Closing costs
1%
$1,494
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,327
Total Expenses
$1,266
Mortgage P&I
58%
$772
Property Taxes
8%
$103
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0