This property might be a fair Long-Term investment with a projected 7.36% first-year return on $31,290 initial cash invested.
7.36%
Cash On Cash
8.64%
Cap Rate
1.34
DSCR
$1,554
Rent
$192
Cashflow
Cash Flow
$1,554 income − $1,362 expenses = $192 cash flow
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,554
Total Expenses
$1,362
Mortgage P&I
52%
$803
Property Taxes
7%
$103
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0