This property might be a fair Long-Term investment with a projected 1.96% first-year return on $36,078 initial cash invested.
1.96%
Cash On Cash
7.47%
Cap Rate
1.15
DSCR
$1,586
Rent
$59
Cashflow
Cash Flow
$1,586 income − $1,527 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,586
Total Expenses
$1,527
Mortgage P&I
59%
$932
Property Taxes
8%
$122
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0