This property might be a fair Long-Term investment with a projected 2.44% first-year return on $33,390 initial cash invested.
2.44%
Cash On Cash
7.95%
Cap Rate
1.18
DSCR
$1,859
Rent
$68
Cashflow
Cash Flow
$1,859 income − $1,791 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,859
Total Expenses
$1,791
Mortgage P&I
48%
$892
Property Taxes
19%
$359
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0