This property might be a fair Long-Term investment with a projected 1.16% first-year return on $37,107 initial cash invested.
1.16%
Cash On Cash
7.06%
Cap Rate
1.13
DSCR
$1,629
Rent
$36
Cashflow
Cash Flow
$1,629 income − $1,593 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,107
Downpayment
20%
$35,340
Closing costs
1%
$1,767
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,629
Total Expenses
$1,593
Mortgage P&I
57%
$922
Property Taxes
7%
$122
Home Insurance
8%
$126
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0