This property might be a fair Long-Term investment with a projected 2.77% first-year return on $34,650 initial cash invested.
2.77%
Cash On Cash
7.73%
Cap Rate
1.17
DSCR
$1,539
Rent
$80
Cashflow
Cash Flow
$1,539 income − $1,459 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,539
Total Expenses
$1,459
Mortgage P&I
59%
$906
Property Taxes
6%
$95
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0