This property might be a fair Long-Term investment with a projected 5.45% first-year return on $36,750 initial cash invested.
5.45%
Cash On Cash
8.54%
Cap Rate
1.27
DSCR
$1,898
Rent
$167
Cashflow
Cash Flow
$1,898 income − $1,731 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,898
Total Expenses
$1,731
Mortgage P&I
52%
$984
Property Taxes
10%
$192
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0