This property might be a fair Long-Term investment with a projected 2.75% first-year return on $36,708 initial cash invested.
2.75%
Cash On Cash
7.91%
Cap Rate
1.18
DSCR
$1,799
Rent
$84
Cashflow
Cash Flow
$1,799 income − $1,715 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,799
Total Expenses
$1,715
Mortgage P&I
54%
$978
Property Taxes
12%
$208
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0