This property might be a fair Long-Term investment with a projected 2.45% first-year return on $36,708 initial cash invested.
2.45%
Cash On Cash
7.72%
Cap Rate
1.17
DSCR
$1,829
Rent
$75
Cashflow
Cash Flow
$1,829 income − $1,754 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,829
Total Expenses
$1,754
Mortgage P&I
52%
$959
Property Taxes
15%
$271
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0