This property might be a fair Long-Term investment with a projected 8.76% first-year return on $31,773 initial cash invested.
8.76%
Cash On Cash
9.11%
Cap Rate
1.37
DSCR
$1,611
Rent
$232
Cashflow
Cash Flow
$1,611 income − $1,379 expenses = $232 cash flow
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,773
Downpayment
20%
$30,260
Closing costs
1%
$1,513
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,611
Total Expenses
$1,379
Mortgage P&I
52%
$836
Property Taxes
4%
$69
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0