This property might be a fair Long-Term investment with a projected 6.27% first-year return on $30,618 initial cash invested.
6.27%
Cash On Cash
8.8%
Cap Rate
1.3
DSCR
$1,675
Rent
$160
Cashflow
Cash Flow
$1,675 income − $1,515 expenses = $160 cash flow
Investment Breakdown
|
Purchase Price
$146k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,618
Downpayment
20%
$29,160
Closing costs
1%
$1,458
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,675
Total Expenses
$1,515
Mortgage P&I
49%
$825
Property Taxes
12%
$201
Home Insurance
3%
$53
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0