This property might be a fair Long-Term investment with a projected 1.73% first-year return on $30,450 initial cash invested.
1.73%
Cash On Cash
7.66%
Cap Rate
1.14
DSCR
$1,339
Rent
$44
Cashflow
Cash Flow
$1,339 income − $1,295 expenses = $44 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,339
Total Expenses
$1,295
Mortgage P&I
61%
$814
Property Taxes
6%
$82
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0