This property might be a fair Long-Term investment with a projected 0.65% first-year return on $33,390 initial cash invested.
0.65%
Cash On Cash
7.46%
Cap Rate
1.1
DSCR
$1,502
Rent
$18
Cashflow
Cash Flow
$1,502 income − $1,484 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,502
Total Expenses
$1,484
Mortgage P&I
60%
$896
Property Taxes
9%
$142
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0