This property might be a fair Long-Term investment with a projected 2.66% first-year return on $36,603 initial cash invested.
2.66%
Cash On Cash
7.48%
Cap Rate
1.17
DSCR
$1,531
Rent
$81
Cashflow
Cash Flow
$1,531 income − $1,450 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,603
Downpayment
20%
$34,860
Closing costs
1%
$1,743
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,531
Total Expenses
$1,450
Mortgage P&I
61%
$928
Property Taxes
4%
$60
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0