This property might be a fair Long-Term investment with a projected 4.84% first-year return on $35,700 initial cash invested.
4.84%
Cash On Cash
8.07%
Cap Rate
1.25
DSCR
$1,630
Rent
$144
Cashflow
Cash Flow
$1,630 income − $1,486 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,630
Total Expenses
$1,486
Mortgage P&I
56%
$917
Property Taxes
5%
$84
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0