This property might be a fair Long-Term investment with a projected 2.11% first-year return on $33,600 initial cash invested.
2.11%
Cash On Cash
7.82%
Cap Rate
1.16
DSCR
$1,700
Rent
$59
Cashflow
Cash Flow
$1,700 income − $1,641 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,700
Total Expenses
$1,641
Mortgage P&I
53%
$898
Property Taxes
14%
$245
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0