This property might be a fair Long-Term investment with a projected 5.13% first-year return on $36,960 initial cash invested.
5.13%
Cash On Cash
8.45%
Cap Rate
1.24
DSCR
$1,682
Rent
$158
Cashflow
Cash Flow
$1,682 income − $1,524 expenses = $158 cash flow
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,960
Downpayment
20%
$35,200
Closing costs
1%
$1,760
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,682
Total Expenses
$1,524
Mortgage P&I
59%
$997
Property Taxes
2%
$28
Home Insurance
4%
$62
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0