This property might be a fair Long-Term investment with a projected 9.43% first-year return on $33,600 initial cash invested.
9.43%
Cash On Cash
9.27%
Cap Rate
1.4
DSCR
$1,750
Rent
$264
Cashflow
Cash Flow
$1,750 income − $1,486 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,750
Total Expenses
$1,486
Mortgage P&I
51%
$884
Property Taxes
5%
$86
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0