This property might be a fair Long-Term investment with a projected 7.21% first-year return on $35,112 initial cash invested.
7.21%
Cash On Cash
8.5%
Cap Rate
1.35
DSCR
$1,954
Rent
$211
Cashflow
Cash Flow
$1,954 income − $1,743 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,112
Downpayment
20%
$33,440
Closing costs
1%
$1,672
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,954
Total Expenses
$1,743
Mortgage P&I
45%
$875
Property Taxes
15%
$290
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0