This property might be a fair Long-Term investment with a projected 0.72% first-year return on $36,540 initial cash invested.
0.72%
Cash On Cash
7.28%
Cap Rate
1.1
DSCR
$1,462
Rent
$22
Cashflow
Cash Flow
$1,462 income − $1,440 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,540
Downpayment
20%
$34,800
Closing costs
1%
$1,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,462
Total Expenses
$1,440
Mortgage P&I
66%
$961
Property Taxes
2%
$34
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0