This property might be a fair Long-Term investment with a projected 6.56% first-year return on $32,550 initial cash invested.
6.56%
Cash On Cash
8.49%
Cap Rate
1.31
DSCR
$1,674
Rent
$178
Cashflow
Cash Flow
$1,674 income − $1,496 expenses = $178 cash flow
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,550
Downpayment
20%
$31,000
Closing costs
1%
$1,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,674
Total Expenses
$1,496
Mortgage P&I
50%
$835
Property Taxes
10%
$172
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0