This property might be a fair Long-Term investment with a projected 1.34% first-year return on $35,700 initial cash invested.
1.34%
Cash On Cash
7.57%
Cap Rate
1.13
DSCR
$1,697
Rent
$40
Cashflow
Cash Flow
$1,697 income − $1,657 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,697
Total Expenses
$1,657
Mortgage P&I
56%
$947
Property Taxes
12%
$208
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0