This property might be a fair Long-Term investment with a projected 0.81% first-year return on $35,700 initial cash invested.
0.81%
Cash On Cash
7.34%
Cap Rate
1.13
DSCR
$1,866
Rent
$24
Cashflow
Cash Flow
$1,866 income − $1,842 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,866
Total Expenses
$1,842
Mortgage P&I
49%
$923
Property Taxes
20%
$374
Home Insurance
3%
$60
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0