This property might be a fair Long-Term investment with a projected 7.72% first-year return on $34,818 initial cash invested.
7.72%
Cash On Cash
8.45%
Cap Rate
1.35
DSCR
$1,548
Rent
$224
Cashflow
Cash Flow
$1,548 income − $1,324 expenses = $224 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,818
Downpayment
20%
$33,160
Closing costs
1%
$1,658
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,548
Total Expenses
$1,324
Mortgage P&I
56%
$867
Property Taxes
2%
$26
Home Insurance
2%
$29
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0