This property might be a fair Long-Term investment with a projected 4.9% first-year return on $34,272 initial cash invested.
4.9%
Cash On Cash
8.27%
Cap Rate
1.24
DSCR
$1,508
Rent
$140
Cashflow
Cash Flow
$1,508 income − $1,368 expenses = $140 cash flow
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,272
Downpayment
20%
$32,640
Closing costs
1%
$1,632
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,508
Total Expenses
$1,368
Mortgage P&I
60%
$910
Property Taxes
1%
$21
Home Insurance
3%
$46
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0