This property might be a fair Long-Term investment with a projected 2.89% first-year return on $36,183 initial cash invested.
2.89%
Cash On Cash
7.88%
Cap Rate
1.17
DSCR
$1,516
Rent
$87
Cashflow
Cash Flow
$1,516 income − $1,429 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,183
Downpayment
20%
$34,460
Closing costs
1%
$1,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,516
Total Expenses
$1,429
Mortgage P&I
64%
$969
Property Taxes
0%
$4
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0