This property might be a fair Long-Term investment with a projected 2.81% first-year return on $34,650 initial cash invested.
2.81%
Cash On Cash
7.4%
Cap Rate
1.18
DSCR
$1,489
Rent
$81
Cashflow
Cash Flow
$1,489 income − $1,408 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,489
Total Expenses
$1,408
Mortgage P&I
58%
$862
Property Taxes
7%
$102
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0