This property might be a fair Long-Term investment with a projected 6.79% first-year return on $34,629 initial cash invested.
6.79%
Cash On Cash
8.4%
Cap Rate
1.35
DSCR
$2,037
Rent
$196
Cashflow
Cash Flow
$2,037 income − $1,841 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,037
Total Expenses
$1,841
Mortgage P&I
42%
$856
Property Taxes
19%
$397
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0