This property might be a fair Long-Term investment with a projected 6.19% first-year return on $31,815 initial cash invested.
6.19%
Cash On Cash
7.97%
Cap Rate
1.3
DSCR
$1,397
Rent
$164
Cashflow
Cash Flow
$1,397 income − $1,233 expenses = $164 cash flow
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,815
Downpayment
20%
$30,300
Closing costs
1%
$1,515
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,397
Total Expenses
$1,233
Mortgage P&I
55%
$772
Property Taxes
0%
$6
Home Insurance
7%
$91
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0