This property might be a fair Long-Term investment with a projected 1.69% first-year return on $31,332 initial cash invested.
1.69%
Cash On Cash
7.36%
Cap Rate
1.14
DSCR
$1,355
Rent
$44
Cashflow
Cash Flow
$1,355 income − $1,311 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,332
Downpayment
20%
$29,840
Closing costs
1%
$1,492
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,355
Total Expenses
$1,311
Mortgage P&I
59%
$803
Property Taxes
6%
$76
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0