This property might be a fair Long-Term investment with a projected 8.23% first-year return on $36,750 initial cash invested.
8.23%
Cash On Cash
9.12%
Cap Rate
1.36
DSCR
$2,021
Rent
$252
Cashflow
Cash Flow
$2,021 income − $1,769 expenses = $252 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
$2,021
Total Expenses
$1,769
Mortgage P&I
48%
$977
Property Taxes
10%
$206
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0