This property might be a fair Long-Term investment with a projected 5.69% first-year return on $36,939 initial cash invested.
5.69%
Cash On Cash
8.28%
Cap Rate
1.29
DSCR
$1,933
Rent
$175
Cashflow
Cash Flow
$1,933 income − $1,758 expenses = $175 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,939
Downpayment
20%
$35,180
Closing costs
1%
$1,759
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,933
Total Expenses
$1,758
Mortgage P&I
49%
$941
Property Taxes
13%
$251
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$193
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0