This property might be a fair Long-Term investment with a projected 0.2% first-year return on $29,946 initial cash invested.
0.2%
Cash On Cash
6.97%
Cap Rate
1.08
DSCR
$1,152
Rent
$5
Cashflow
Cash Flow
$1,152 income − $1,147 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,946
Downpayment
20%
$28,520
Closing costs
1%
$1,426
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,152
Total Expenses
$1,147
Mortgage P&I
66%
$765
Property Taxes
3%
$30
Home Insurance
5%
$52
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0