This property might be a fair Long-Term investment with a projected 1.71% first-year return on $36,435 initial cash invested.
1.71%
Cash On Cash
7.15%
Cap Rate
1.14
DSCR
$1,507
Rent
$52
Cashflow
Cash Flow
$1,507 income − $1,455 expenses = $52 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,435
Downpayment
20%
$34,700
Closing costs
1%
$1,735
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,507
Total Expenses
$1,455
Mortgage P&I
60%
$907
Property Taxes
6%
$96
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0