This property might be a fair Long-Term investment with a projected 1.42% first-year return on $35,490 initial cash invested.
1.42%
Cash On Cash
7.2%
Cap Rate
1.12
DSCR
$1,361
Rent
$42
Cashflow
Cash Flow
$1,361 income − $1,319 expenses = $42 cash flow
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,361
Total Expenses
$1,319
Mortgage P&I
66%
$904
Property Taxes
0%
$2
Home Insurance
4%
$59
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0