This property might be a fair Long-Term investment with a projected 3.4% first-year return on $36,687 initial cash invested.
3.4%
Cash On Cash
8.08%
Cap Rate
1.2
DSCR
$1,914
Rent
$104
Cashflow
Cash Flow
$1,914 income − $1,810 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,687
Downpayment
20%
$34,940
Closing costs
1%
$1,747
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,914
Total Expenses
$1,810
Mortgage P&I
51%
$976
Property Taxes
14%
$273
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$191
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0