This property might be a fair Long-Term investment with a projected 2.82% first-year return on $34,860 initial cash invested.
2.82%
Cash On Cash
7.54%
Cap Rate
1.2
DSCR
$1,848
Rent
$82
Cashflow
Cash Flow
$1,848 income − $1,766 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,860
Downpayment
20%
$33,200
Closing costs
1%
$1,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,848
Total Expenses
$1,766
Mortgage P&I
47%
$869
Property Taxes
19%
$359
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$185
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0