This property might be a fair Long-Term investment with a projected 6.63% first-year return on $36,015 initial cash invested.
6.63%
Cash On Cash
8.59%
Cap Rate
1.33
DSCR
$2,175
Rent
$199
Cashflow
Cash Flow
$2,175 income − $1,976 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,015
Downpayment
20%
$34,300
Closing costs
1%
$1,715
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,175
Total Expenses
$1,976
Mortgage P&I
42%
$920
Property Taxes
20%
$429
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0